Bank Koltso Urala Sends Out Over 10,000 Text Messages Daily

4 December 2012 (09:36)

December 4, 2012. Every day, OOO Bank Koltso Urala sends over 10,000 text messages to its cardholders, the bank reports.

Today, on December 3, 2012, the first text message ever sent celebrates its 20th anniversary; this was a GSM-based short message service. Matti Makkonen, a Nokia engineer sent on a business trip to Copenhagen in 1984, suggested using GSM networks for sending text messages. His project came true in a few years. The world’s first text message that read, ‘Merry Christmas’, was sent from a PC onto a two-kilo Orbitel 901 ‘mobile phone’ on December 3, 1992.

According to the current statistics, about 7 trillion text messages are sent out every year, which comes to 200,000 messages a second.

SMS messages have become an indispensable part of the banking business. For one, text messages are most commonly used for SMS alerting that lets one know one’s bank card was involved in this or that transaction. Bank Koltso Urala launched its SMS alert service in 2006. The m-bank users get updates on the time and place where a transaction took place and on how much money was withdrawn or added to one’s account. What is more, the bank’s text messages provide data on how much money is left in the customer’s account as well as the tech support phone numbers. At the moment, over 10,000 text messages are sent out to customers daily; in 2013, this figure will go up considerably.


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