Extend Self-service with Automated Payment IVR
Phone banking is a service provided by a financial institution which allows its customers to perform transactions over the telephone using an Interactive Voice Response (IVR) application. Most telephone banking systems use an automated phone answering system with phone keypad response or voice recognition capability. With the obvious exception of cash withdrawals and deposits, IVR solutions offer virtually all the features of an automated teller machine.
Typical Phone Banking Services
- Balance enquiry
- New cheque book request
- Last 10 transactions
- Mini statement by fax
- Request for full statement via fax/post
- Funds transfer
- Bill payment
- Interest rate quotes
- Foreign exchange rate quotes
- Branch location and opening hours
- New product announcements and product information
- Feedback and suggestions
Benefits of Implementing Phone Banking
- Provide 24/7 multilingual customer service
- Reduce overhead costs with self-service facilities
- Increase productivity
- Increase profitability
- Promote customer growth
- Boost customer retention
- Improve competitiveness
Pronexus VBVoice™ makes it easy to develop an effective phone banking system that integrates into your call flow. It is a simple and cost-effective way to provide your customers with 24/7 access to banking and account information, which can promote customer growth and significantly improve your competitiveness.
Contact your account manager or the Pronexus Sales Team today for more information on automated payment IVR solutions.