Who Uses SMS Marketing?

Uses SMS Marketing, account balances, Notifying customers, banking institutions, credit status, schedule interviews, network marketing, SMS technology.

Banks and Financial Institutions

Bulk SMS Service Provider For Banks and Financial Institutions Bulk SMS Alert Service for Public Sector Banks and Co-operative Banks lOS-SMS is the leading service provider for Transnational Bulk SMS Service. This is used in Notifying customers and also as reminders of account balances. We understand and specialize in the Daily requirements of Transactional Bulk SMS Service for Banks and Financial Institutions. Not all Mobile Numbers receive BULK SMS Alert. Thus, to deliver SMS Alerts for Banks and Financial Institutions one has to get special BULK SMS Alert Service. By using our unique SMS Alert Service you can deliver SMS Alerts to all mobile numbers locally and internationally. Then the big question comes; who uses SMS marketing? Banks and Financial Institutions can use Bulk SMS services for the following

• Changes in policy affecting the consumer, e.g. Interest rate.
• Communication about a major event, e.g. Branch opening.
• Daily/Weekly reminders of account balances.
• Monthly status of reward points.
• The reminder of EMI payments, Bill payments.
• Send monthly applicable Bank charges.
• Balance below a specified limit.
• Salary credit/ Cheque deposit in the bank.
• Credit limit exceeded.
• Cheque bounce alert
• Inquiry of account balance.
• Report lost/stolen card.
• Issue stop payment notice.
• Inquire loan/credit status.
• inquire exchange rates.
• Order cheque book.
• Notifying customers of their bank account status or credit card status
• One time pin codes
• Credit card theft prevention (HLR)
• Notifying customers of promotions
• Direct debit notifications
• Messaging between account manager and customer
• Automatic critical failure alerts based on the pre-configurable business rules.
• Periodic MIS to stakeholders on process performance.
• Escalation to higher level if problem not attended to by the assigned resources.
• Intimating employees about the referral schemes, account transfers and incentives.
• Schedule interviews and sending offers to prospective employees.

Why Mobile Messaging becomes crucial in Banking and Financial Services?

• Cost-Effective: Mobile messaging helps provide value-added services at a marginal cost.
• Targeted: Specific message are conveyed based on the customer profile.
• Anywhere / Anytime: Mobile is almost always with the customer.
• Personal: Highly effective as communication to an individual.
• Automated: Automatic relay of critical information.

The advent of the ATM/Internet has reduced the competitive advantage of bigger Banks in terms of higher physical presence and the distinction between the Banks and Financial service organization has vanished as Banks have matured into a complete personal finance institution providing bouquet of financial services under one umbrella. Security, reliability, efficiency and confidentiality are keywords in the banking sector and LOS-SMS provide exactly that.

These shifts in the Banking industry have made them look for multiple and alternate channels to engage the customer by providing him/her with value-added services & to look for innovative means of reducing the transaction costs per customer. Traditionally, SMS started being used in the banking sector as a low cost, efficient way for bank managers to notify their customers of new products and services. Mobile messaging provides a cost-effective means to engage a customer and build a long-term relationship. Today mobile messaging offers great benefits to be more competitive and flexible for the banking industry. SMS has become an all-around tool which powers the banks’ mobile solutions. Moreover, this SMS solution proposes the best market practice to reduce operating costs for Banks and Financial Institutions. Thus LOS-SMS is the one source that helps an easy interface to send multiple SMS related to banking needs at a single go. Gone are the days when one used to stand in long queues to get their passbook updated. Even one had to spare much of their day’s time for processing their banking transaction leaving behind their core job. But now things have changed a lot much. We entrust in offering excellent mobile messaging solutions to all our banking clients.

 

Banking and Financial sectors have started adopting newer customer-friendly technology to benefit most of their banking clients. Today banking institutions have grown and transformed into a complete personal financial destination providing a host of monetary services all under one roof. Our much-improvised bulk messaging service related to all your banking and financial transactions are handled with care and utmost security. Both the Banking and Financial service organization have united to offer ultimate customer satisfaction to their clients. We at LOS-SMS provide end-to-end banking solutions at a click of a button. These banks are ushering into the new age of mobile technology.  It has truly come of age, not only in terms of globally but also nationally and locally. A new dimension in the banking transaction has ensured a competitive advantage and has proved to implement better customer service. It’s the need of an hour for banks to adopt these mobile SMS service for their every banking service. Services like sending out payment reminders, messages on any latest or altered banking rules and regulations, instant alerts on ATM cash withdrawal process, account balance enquiries, Verification and access control process, necessary banking document details, notifying fraud or alert transactions are some of the benefits of bulk SMS services for the banking sector. With the introduction of the mobile messaging service, it has become much easier for the banks to notify their customers about their financial transactions. Being a two-way communicator, instant messaging also helps for both banks and customers to stay connected regularly. Just at a click of a button, one can obtain a real-time notification about their banking operations. Bulk messaging considered as of one the cost-efficient and most efficient mode of communications has perhaps helped the banking institutions to connect with their customers in much-enhanced way.

Other corporations that fit into the; Who Uses SMS Marketing question are:

Airlines and Aviation Companies

Automobile Companies

Network Marketing / Direct Selling

Media and Entertainment Agencies