Engage account holders and drive deposit growth by automating the process of switching direct deposits.
ClickSWITCH is an automated account switch platform, simplifying the process of switching direct deposits and automatic payments. ClickSWITCH's platform enables financial institutions to engage account holders and drive deposit growth. This process increases customer engagement, acts as a retention tool during inter-bank acquisitions, and expedites the customer onboarding process.
Consumers often make cafeteria-style banking choices, signing up with multiple providers. But the flirting has gotten serious lately.
With switching so frictionless, banks and credit unions can no longer rely on inertia or inconvenience to keep direct-deposit relationships.
Pinwheel, which automates the setup of direct deposit at new accounts, endured a brief and unexpected surge in traffic during mid-March's bank runs.