Use Of SMS Gateway API In Banking Sector

SMS gateway may be defined as the process of sending or receiving of short message service to or from a network of telecommunication. This service is required in various fields, both professional and personal. The banking sector is one of them. SMS and banking are very much related to each other. The bank sends SMS to the clients to keep them updated about regular transactions. This is because of two reasons:

Sending SMS saves the time of both the bank as well as the clients.
Sending of SMS is economical rather than calling up all of the clients individually.

Operations of banking which is carried on by bulk SMS services given by a bulk SMS API provider may utilize either push and draw messages.

About Push Messages

Push messages are those that a bank conveys to a client's cell phone, without the client starting a demand for the data. Generally, a push message could be a promoting message or an alarm of an occasion which happens in the client's ledger. It might likewise be bulk messages sent by the bank with the help of bulk SMS API provider, to inform the client that some payment is expected, or that an Internet statement is prepared to be downloaded.

About Draw Messages

Draw messages are basically the initiation of messages by the clients with the help of bulk SMS API India to get updated about banking transactions. This is very convenient for carrying on operations in the present day world.

SMS gateway has eased the regular banking transactions of everyday life.

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