SMS Banking


SMS banking remains the most accessible type of mobile banking for many worldwide. With mobile technology having revolutionised customer behaviour in the last decade, people feel the need to stay constantly connected, and the way they deal with their bank is no different.

CR2 has designed BankWorld Mobile SMS to provide customers with a host of banking services all enabled via SMS on their mobile phones. The solution makes banking easy and quick for your customers, it also gives them peace of mind that their finances are safe at all times. Our solution enables you to deploy a strong and responsive mobile channel that will assist you in reaching your customers at all times, with cross-selling of products in addition to generation of new revenue.

Most online banking platforms are owned and developed by the banks using them. There is only one open source online banking platform supporting mobile banking and SMS payments called Cyclos, which is developed to stimulate and empower local banks in development countries.


Benefits

Stream Revenue

  • Transaction based revenue
  • Acquisition of new customers via P2P payment
  • Instant product acceptance

Increase Satisfaction

  • Advanced services available
  • Interactive relationship with the bank
  • Peace of mind banking

Reduce Costs

  • Low cost technology
  • Low cost maintenance
  • Remote support

Features

  • Aadhaar Number Registering
  • Activation of Service
  • Balance Enquiry
  • Fund Transfer between own accounts
  • Fund Transfer to 3rd Party Account within Bank
  • IMPS-Immediate Payment service using Mobile Number and MMID
  • Cheque Book Request
  • Cheque Status Request
  • Change Primary Account
  • Change SMS Banking PIN
  • To generate OTP for doing IMPS – Merchant Payment
  • ATM and check card account alerts