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Interactive Voice Response System in Banking Sector

by Rinku,on Oct 12,2020

IVR for Banking is a trusted method for supporting Customers. Even through  mobile banking and apps  are popular ,IVR is still  an important  part  of the customer service. Almost all banks now offer online banking. customers have to access account information 24/7.Now a days  that customers  depend on paper billing  statements  sent by mails. Now, they can log in to their accounts whenever they want to check balances and make payments.

But, when banking customers have issues, they pick up the phone. Banking issues that are difficult to solve online are usually urgent and stressful. These calls are often related to lose credit cards, fraud, or declined payments. For these problems, customers want quicker responses from a trusted source. That’s where IVR for banking comes in.
 One of the easiest ways to create great customer experiences is to make sure your Interactive Voice Response system is effective.
A customer calling to a bank can have diversified motive. He may want simply his account details or may have some complicated problem. These simple issues can easily be dealt by using IVRS technology and leaving the complicated problem calls to be diverted to operator.
 Account information: - IVR can facilitate customers with a secure way to receive any account information at a moment of urgency.
Loan Status: User-friendly IVR service providers can help users to have updates on the status of the loan applications.
Product information: - IVR can simply help to provide necessary information each customer’s .Like New launched credit cards etc.
Customer care: - IVR can help to reduce most of customer issues .and IVR can help customers to help the concern customer support executive in few minutes.

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