“We developed this product based on the popularity of texting as a preferred method of communication, combined with the ease of not requiring a password,” said Neal Doshi, co-managing partner of CDP. “The number one complaint about any type of online communication is the need to remember yet another user name/password combination. With our text solution, security is built-in.”
CDP Text Receipts has security features built into the software so other phones cannot access the receipt, ensuring the customer’s information is secure. Instead of selecting print or email, the teller chooses text as the preferred method of receipt. The teller is prompted for the client’s phone number (or verification) and the text is sent almost instantaneously. Text receipts are eco-friendly, simple and quick, in addition to being a cost-reduction for banking institutions.