Wegus InfoTech Pvt. Ltd. Wegus InfoTech Pvt. Ltd. Inspiring Business Performance SMS for Banks and Insurance Companies

Mobile marketing via SMS can be useful for a variety of financial services, such as :  Share management.  Debt collection.  Mortgages.  Insurance.  Loans.  Banking and so on.  In this sector, time really is money, and often information has to be sent urgently according to fluctuations in the market.  SMS Banking and SMS Insurance are ideal for being sent to large databases of clients ' mobile numbers ( bulk SMS ), in just one, simple step, reaching all of them simultaneously.  It ' s fast, and cost - effective too. Send text alerts to customers of banks and insurance companies

 Increase sales : Brokers and financial agencies can carry out promo - publicity campaigns on databases, in which they offer contact / follow - up with a financial consultant, and send out up - to - the - minute information to their customers through SMS Finance. Insurance firms / agencies can remind their customers of the expiry dates of their policies.  Improve customer service : Notify customers of the progress of their applications ( e. g. mortgages, loans ) and details of transactions made in real time with text alerts ( credit card payments, bank transfers ), or allow them to request information ( current account balance, etc.) Insurance firms can keep their clients updated on damage compensation through text alerts.  Generate new contacts : A dedicated mobile number that ' s publicized on posters and publicity materials in the branch can be used to generate further contacts from people who ' d prefer not to receive phone calls but don ' t mind getting news and updates via SMS.  Sending photos : Insurance companies can receive photographs of accidents sent directly by their clients requesting damages. Photos taken at the site of the accident arrive directly to the systems of the company ' s claims department. How can financial services Companies benefit from SMS mobile marketing ?

 Changes in policy affecting the consumer, e. g. Interest rate.  Communication about major event, e. g. Branch opening.  Daily / Weekly reminders of account balances.  Monthly status of reward points.  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.  Enquire account balance.  Report lost / stolen card.  Issue stop payment notice.  Enquire loan / credit status.  Enquire exchange rates.  Order cheque book. The banks can use SMS services for the following

The Insurance Companies can use SMS services for the following  Send information about latest product launches.  Premium Reminder.  Payment confirmation.  Birthday greetings.  Anniversary greetings.  Short Codes for getting more information about the products.  Lead generations by sending referral SMS.  Agent / Advisor Management.

 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. Why Mobile Messaging becomes crucial in Banking and Financial Services ?

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