{"id":2031,"date":"2022-08-29T10:36:43","date_gmt":"2022-08-29T05:06:43","guid":{"rendered":"https:\/\/www.enablex.io\/insights\/?p=2031"},"modified":"2025-07-02T19:40:25","modified_gmt":"2025-07-02T14:10:25","slug":"missed-call-solution-a-business-case-for-banking","status":"publish","type":"post","link":"https:\/\/www.enablex.io\/insights\/missed-call-solution-a-business-case-for-banking\/","title":{"rendered":"Missed Call Solution: A Business Case For Banking"},"content":{"rendered":"<p>Banking, a customer-oriented sector, demands deep customer connection and timely engagement from the moment they are onboarded to when they are retained. A simple missed call solution can transform many aspects of banking with its powerful use cases and benefits.<\/p>\n<p>In this blog, we have explained some of the benefits and potential use cases of missed call service in the banking sector that will add to the convenience of both parties\u2014customers and banks.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>What is Missed Call Banking?<\/strong><\/h2>\n<p>As the name suggests, missed call banking is about offering certain banking services through missed calls. Banks leverage the power of missed call solutions to provide many banking services like Account Balance, Mini Statement, Account Statement, Loan Request, Cheque Book Request, and more. Customers need to give a Missed Call to pre-defined mobile numbers from their registered number.<\/p>\n<p>The advantage of the missed call solution is the users can engage with the bank and conduct some activities without requiring human intervention. This helps faster &amp; more efficient response &amp; higher level of customer satisfaction.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Advantages of Missed Call Solution in Banking<\/strong><\/h2>\n<p>Some of the top advantages of using missed call alert solution includes:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><strong>Simplicity<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>People are looking for more easy ways of doing things these days. A missed call service helps them instantly access their bank details or request other actions. They\u2019re also looking for ways to get services on-demand.\u00a0 Missed call alert allows them to avail these services with a simple phone call.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><strong>Reach Out to Wider Audience<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>Not everyone has equal access to Internet or smartphone or data plans are expensive.\u00a0\u00a0 Missed call services offers an accessible alternative to customers to engage with banks irrespective of their location or accessibility situation. Those who want information about loan or debit card can just give a missed call and get relevant information.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><strong>Blazing-fast Service Delivery<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>In banking, the speed of service delivery also matters. Customers don\u2019t want to wait to get simple information like account balance or last transaction details.\u00a0 When the customers call the number given by the bank, it gets disconnected after two rings, and the bank\u2019s system sends the details of the services required.\u00a0 It helps keep banking simple and fast.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><strong>Enhance Employee Productivity<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>Front desk employees no longer have to spend time addressing simple queries like checking bank balances and last five transactions. The bank websites and other channels can educate the customers on the use of such automated services. This helps more efficient use of bank employees.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Missed Call Banking: Use Cases<\/strong><\/h2>\n<p>Some of the prominent use cases of missed call alert solutions in banking include the following:<\/p>\n<ul>\n<li><strong>Provide account details: <\/strong>Customers can just give a missed call on a specified number in the SMS to know their account balance or details of the last few transactions to check for potential misuse or fraud.<\/li>\n<li><strong>Send request for ATM Card, cheques, or credit cards:<\/strong> Customers can send a request for ATM\/Debit\/Credit card or a chequebook by calling on a particular toll-free number. It\u2019s helpful for customers not having access to net banking.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.enablex.io\/insights\/wp-content\/uploads\/2022\/08\/Missed-Call-Banking-use-cases.webp\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-2034\" src=\"https:\/\/www.enablex.io\/insights\/wp-content\/uploads\/2022\/08\/Missed-Call-Banking-use-cases.webp\" alt=\"Missed Call Banking use cases\" width=\"800\" height=\"400\" srcset=\"https:\/\/www.enablex.io\/insights\/wp-content\/uploads\/2022\/08\/Missed-Call-Banking-use-cases.webp 800w, https:\/\/www.enablex.io\/insights\/wp-content\/uploads\/2022\/08\/Missed-Call-Banking-use-cases-300x150.webp 300w, https:\/\/www.enablex.io\/insights\/wp-content\/uploads\/2022\/08\/Missed-Call-Banking-use-cases-768x384.webp 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<ul>\n<li><strong>OTP verification and account activation: <\/strong>A user calls from the registered mobile number on a specific phone number. The service provider receives the call and matches it with the registered mobile number in a bank\u2019s database. Users don\u2019t require to enter an OTP.<\/li>\n<li><strong>Generating leads for loans, selling different types of cards: <\/strong>Lead generation is essential to survival for any business &amp; has its own challenges. Lengthy enquiry forms and multiple cold calls tend to deter the prospects away. With a missed call solution, one can increase marketing qualified leads manifolds.\u00a0 You can provide a specific toll-free number via SMS, conveying them to give a missed if they are interested in availing personal loans or cards. The interested party may approach you. And once you have the data, they can be converted into customers easily.<\/li>\n<li><strong>Marketing campaigns, polls, surveys, and feedback to gather useful data: <\/strong>Missed calls can be a powerful way to run various marketing campaigns like polls and customer feedback. To get the maximum feedback from your customers, you can share a missed call number through text message to receive their feedback or participate in a marketing campaign.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>Final Words <\/strong><\/h2>\n<p>A missed call solution is simple, convenient &amp; easy to implement from a bank\u2019s point of view. It can help banks to conduct banking with ease and cater to the day-to-day banking needs of a large number of customers.<\/p>\n<p>For a customer, it\u2019s fast, non-intrusive and also gives them the convenience to conduct transactions easily as per their schedules.<\/p>\n<p>EnableX has a powerful <a href=\"https:\/\/www.enablex.io\/cpaas\/voice-api\">Voice API<\/a> and number service that can help you build many more voice solutions.<\/p>\n<p><a href=\"https:\/\/portal.enablex.io\/cpaas\/trial-sign-up\/\">Try Now!<\/a><\/p>\n<p>#BuildSomethingExciting!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking, a customer-oriented sector, demands deep customer connection and timely engagement from the moment they are onboarded to when they are retained. A simple missed call solution can transform many aspects of banking with its powerful use cases and benefits. In this blog, we have explained some of the benefits and potential use cases of &#8230;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[122,108,94],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Missed Call Solution: A Business Case For Banking - Insights about video API, SMS API; WhatsApp for Business API<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.enablex.io\/insights\/missed-call-solution-a-business-case-for-banking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Missed Call Solution: A Business Case For Banking - Insights about video API, SMS API; WhatsApp for Business API\" \/>\n<meta property=\"og:description\" content=\"Banking, a customer-oriented sector, demands deep customer connection and timely engagement from the moment they are onboarded to when they are retained. 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In this blog, we have explained some of the benefits and potential use cases of ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.enablex.io\/insights\/missed-call-solution-a-business-case-for-banking\/\" \/>\n<meta property=\"og:site_name\" content=\"Insights about video API, SMS API; WhatsApp for Business API\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-29T05:06:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-02T14:10:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.enablex.io\/insights\/wp-content\/uploads\/2022\/08\/Missed-Call-Banking-use-cases.webp\" \/>\n<meta name=\"author\" content=\"Subrat Thayal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@subratothayal\" \/>\n<meta name=\"twitter:site\" content=\"@enablexio\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Subrat Thayal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Missed Call Solution: A Business Case For Banking - Insights about video API, SMS API; WhatsApp for Business API","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.enablex.io\/insights\/missed-call-solution-a-business-case-for-banking\/","og_locale":"en_US","og_type":"article","og_title":"Missed Call Solution: A Business Case For Banking - Insights about video API, SMS API; WhatsApp for Business API","og_description":"Banking, a customer-oriented sector, demands deep customer connection and timely engagement from the moment they are onboarded to when they are retained. 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