Bulk SMS Services for BFSI
BFSI(Banking, Financial Services, and Insurance) is the highest customer based company that always needs new customers for their business improvement and business cycle or rotation of the business. Bulk SMS Service plays an important role to be a continuation in the lime line so that their business continuation never stops. This is the best tool for advertisement and customer information for the BFSI business. Due to the highest customer base and new customer requirements Finance and Insurance service needs to join a new customer base in their companies. There are many uses of Bulk SMS services for the BFSI.
Customer Registration Notification
New Products Launch Updates
Account Login Authentication
Loan Notification and Updates
New Product launches of any Insurance company or any new Interest rates of Finance companies for loans are promoted by them for more customer creation. These are the new offers for the customer so they can opt for BFSI’s new products and services. This is the best and cheapest way for the BFSIs to add more customers and create new accounts and they can increase their profits.
Customer registration is the two-factor authentication process where the customer is verified by mobile number or any other personal identification through the One Time Password(OTP SMS) verification. After creating an account, login confirmation and verification of the right customer to the banking and financial portal is done by the Voice SMS service.
EMI notifications are sent to the customer through the Bulk SMS before the due dates to arrange the EMI amount in their bank a few days back to the EMI dates. This is the Information which the client receives a few days before to their mobile number and they arrange the same before the due dates. The same thing about the withdrawal from the bank, the customer gets an instant notification on their mobile through SMS. Insurance companies sent the Insurance premium notification to their customers before the due dates of the premium.
So API bulk SMS is an important part of any BFSI(Banking, Financial Services, and Insurance) for promotion as well as information and notification to the customer. I hope this information will help you enough to keep informed. Kindly keep writing to us for new updates on the same.