Even among a plethora of communication channels, the good old-school SMS still remains the most effective one. With outstanding open rates, SMS has been considered as one of the best ways to streamline mobile banking solutions and communicate with your customers regularly.
Though considered an ultimate communication channel, many in the financial industry, especially the banking sector have not been leveraging the untapped power of SMS marketing. According to an estimate, it’s believed that around 45% of Australians are now using mobile banking. Given such amazing statistics, the financial sector in general and banks, in particular, are looking to leverage SMS to expand their personal reach. (more…)