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Financial services sector increasingly use bulk SMS API

September 19, 2016

Financial institutions and banks is one of the many industries who use bulk SMS API due to its various benefits. Bulk SMS is popular as a highly secure, low-cost, efficient and fast communication channel. Amongst insurance companies, brokerage firms, credit card companies and banks there has been a slow but steady uptake of mobile solutions to meet the client requirements of this industry.


Today, all reputed banks have introduced mobile banking in the array of service they provide. In addition, the popularity of online shopping made the use of mobile technology and online transactions more important as well as popular. This is where bulk SMS gateway API proves to be of great help for financial institutions and bank. They use bulk SMS to confirm transactions, market new products and campaigns and for reminding about monthly installments.  

   
For example, a bank may launch a mobile campaign to make customer aware about the scams and frauds. And give them advice to not share their bank account details with anyone. Similarly, an insurance company could use bulk SMS solution to create a mobile campaign to update clients about a claim or to remind them about their renewal dates.


SMS API allows you to automate your messages. So, whenever someone will make a transaction they will get a message instantly about  how much amount is credited/debited to/from their account and what is the latest balance. SMS API for Java, PHP, HTTP etc. are provided by bulk SMS gateway provider. So, you can easily get one that will best suffice your needs and help establish a smooth communication channel.

 

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