Unveiling the Heroes Behind Your Fintech Payments Continued…! Demystifying Customer Support vs. Payment Operations As promised, let's dive into the key distinctions between Customer Support Representatives (CSRs) and Payment Operations Support Specialists. Customer Support Representative (CSR): Primary Focus: Direct interaction with customers to address their inquiries and resolve issues. Key Responsibilities: · Responding to customer queries via phone, email, or chat. · Troubleshooting basic issues customers face with their accounts or transactions. · Providing information about products and services. · Ensuring customers understand processes and solutions. Skills Required: · Excellent communication and interpersonal skills. · Problem-solving abilities and patience. · Basic technical knowledge to understand common customer issues. · Customer Interaction: High – they are the first point of contact for customers. Payment Operations Support Specialist: Primary Focus: Ensuring the smooth and efficient processing of payments within the system. Key Responsibilities: · Monitoring the payment processing systems to ensure transactions are completed correctly and timely. · Resolving technical issues related to payment processing and network problems. · Maintaining system uptime and collaborating with technical teams to address any disruptions. · Analyzing transaction data to identify and rectify anomalies or errors. Skills Required: · Strong technical and analytical skills. · Knowledge of payment systems and networks. · Ability to work under pressure and resolve issues swiftly. · Customer Interaction: Low – primarily works behind the scenes but may occasionally interact with customers or other departments to resolve specific issues. Key Differences: · Interaction Level: CSRs engage directly with customers frequently, while Payment Operations Support Specialists have limited direct customer contact. · Nature of Work: CSRs are focused on customer service and troubleshooting issues, whereas Payment Operations Support Specialists manage the technical aspects of payment processing. · Skill Sets: CSRs need strong communication skills and patience, while Payment Operations Support Specialists require technical and analytical expertise. Working Together for a Seamless Experience: Though Customer Support and Payment Operations have distinct roles, they are closely linked. CSRs represent the customer's voice, identifying issues. Payment Operations Specialists use this feedback to proactively resolve problems and ensure smooth transactions and a seamless payment experience. Stay tuned for more insights on why maintaining distinct roles for Customer Support and Payment Operations is crucial for maximizing efficiency and achieving the best results. #FinTech #Payments #Leadership #TeamManagement #Customersuccessmanager #Processimprovement #Thoughleader #paymentoperations #technicalaccountmanager #Innovation
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Customer support plays a crucial role at NMI. Each and every company that partners with us — from the biggest ISO to the smallest software company — has helped shape who we are today. That's why we invest so heavily in support, so we can provide the best experience in the industry. Our support specialists are heroes. They dedicate countless hours to answering questions, finding solutions and providing consultative support. It's not an easy job, especially in such a dynamic and evolving industry like payments. For payments specialists looking to elevate their own support functions, our VP of Partner Experience, Jerry Renkowski, recently sat down with several members of our support team to get their insights and advice. Together, they came up with seven customer support best practices for payments providers, including: -Empowering merchants to help themselves -Measuring the success of your service -Investing in support teams, no matter how small -Studying resolutions escalated issues, and more. I encourage any payment specialist, big or small, to read the full article and share their thoughts in the comments! Read their full insights here: https://bit.ly/3zNLl5C #Payments #Fintech
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Effective Customer Service Strategies: Resolving Issues and Building Trust As a customer service representative and telemarketer, I've encountered various customers with unique issues. My role is to provide solutions or alternatives, ensuring seamless experiences. Today, I'll share valuable insights and phrases that have helped me excel in this field. The Challenge: Consider a fintech company promoting a mobile app for payment solutions. A customer wants to register but isn't receiving the OTP. As a customer service representative, you must respond effectively. Key Phrases to Diffuse Tension: 1. "Kindly hold on while I confirm that." 2. "Kindly hold on while I run a check." 3. "I apologize for the inconvenience. I'll provide an alternative solution as soon as possible." Escalation Strategy: "My favorite approach is to create a ticket and escalate the issue. This reassures the customer that their problem will be addressed promptly. Bonus Tip: Warm Transfer "If a customer has questions beyond my expertise, I ask permission to transfer the call to a knowledgeable colleague. This ensures seamless support and builds trust. Takeaways: • Empathize with customers • Provide clear solutions or alternatives • Use holding phrases to manage expectations • Escalate issues promptly • Utilize warm transfers for expert support #CustomerService #Telemarketing #Fintech #PaymentSolutions #CustomerExperience #TrustBuilding
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𝗠𝘆 𝗕𝗮𝗱 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 😑 Yesterday at the bank, I witnessed a troubling customer service issue Two men bypassed the queue and were promptly attended to by the cashier, who ignored those of us patiently waiting. When questioned, she responded with a hiss and continued chatting and joking with them. What struck me most was that she didn't even apologize for the inconvenience caused. It seems that in order to experience good customer service, you need connections. This issue isn't limited to banks but extends to other businesses, including network providers, where some employees act like they are forced to do the job. Someone once joked that AI chatbots are more polite than some customer service representatives. It is unfortunate that incidents like these occur in our profession. 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝘀𝗲𝗿𝘃𝗶𝗰𝗲 𝘀𝗵𝗼𝘂𝗹𝗱 𝗲𝗺𝗯𝗼𝗱𝘆 𝗲𝗺𝗽𝗮𝘁𝗵𝘆, 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝗶𝘀𝗺, 𝗮𝗻𝗱 𝗮 𝗰𝗼𝗺𝗺𝗶𝘁𝗺𝗲𝗻𝘁 𝘁𝗼 𝘀𝗲𝗿𝘃𝗶𝗻𝗴 𝗮𝗹𝗹 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 𝗲𝗾𝘂𝗮𝗹𝗹𝘆. Dear Business owners, put structures in place to ensure your team is well-trained, regularly assessed, and empowered to provide exceptional service. Lead by example, fostering a culture where every customer feels valued and respected Remember, excellent customer service is the cornerstone of business success. 𝗛𝗮𝘃𝗲 𝘆𝗼𝘂 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝗯𝗮𝗱 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝘀𝗲𝗿𝘃𝗶𝗰𝗲? 𝗛𝗼𝘄 𝗱𝗶𝗱 𝘆𝗼𝘂 𝗵𝗮𝗻𝗱𝗹𝗲 𝘁𝗵𝗲 𝘀𝗶𝘁𝘂𝗮𝘁𝗶𝗼𝗻? #CustomerService #CustomerExperience #Professionalism #20dayslinkedinchallengewithhaoma
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At Zota, we understand that the backbone of successful payment processing lies not just in the technology but in exceptional customer support. From ensuring around-the-clock availability to offering expert guidance tailored to each client's unique needs, Zota goes above and beyond to empower businesses to thrive in today's dynamic marketplace. Our latest blog article delves into the importance of good customer support in navigating the complexities of payment processing and how Zota's commitment to providing our clients with an unparalleled customer experience can propel your business towards success. 👉 https://bit.ly/3vJS9Qg #Zota #Payments #CustomerSupport #BusinessSuccess #FinancialSecurity
Customer support in payment processing: 6 things to consider
https://zota.com
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What Happens When You Contact a Bank or Telco Customer Care Centre? Today‘s article on CNA is a great deep dive to my yesterday’s post. Ever wondered what goes on behind the scenes when you reach out to customer care? This insightful article delves into the processes and challenges faced by customer service teams in banks and telcos. It highlights the importance of empathy, efficiency, and technology in resolving customer issues. The piece also discusses how companies are leveraging AI and automation to enhance service quality while maintaining a human touch. ⌛️ The average person in Singapore spent 16.1 hours - approximately two full working days - on hold last year. 💸 An estimated S$1.24 billion in wages lost due to slow and poor service. 😩 60 per cent of customers are frustrated. A key aspect is left out in my humble opinion. The lack of intent to address the root cause: Inefficient processes. A must-read for anyone interested in customer experience and service innovation! Link to the source: https://lnkd.in/gn2RMpbz
IN FOCUS: What happens when you contact a bank or telco customer care centre?
channelnewsasia.com
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Customer support is not just about answering questions; it's about being the guiding light that leads customers to solutions and satisfaction. Please follow us for more news & updates: https://lnkd.in/gUFDbCyA https://lnkd.in/gVKwMs65 https://lnkd.in/dwaZZkKt #customer #customerservice #customerexperience #customersatisfaction #customersupport #fintech #fintechs #fintechrevolution #fintechindia #fintechstartup #motivation #motivationalquotes #motivation #motivationquote #motivationquotes #motivationalquote #inspire #inspiration #inspirational #inspirationalquotes
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These days #clientretention is of utmost importance, right? But are you losing #marketshare and #revenue because of #antiquated customer service call center #outdated #technology and dated processes? Dropped Calls, backed up customer call queue, poor call routing, irate customers, lost revenue, outdated #IVR system, Difficult to navigate prompt system? :-( Does this sound familiar? From personal experience I find it incredibly difficult to get a #live #human #customerservice rep to address my issue as a #b2c customer or trying to identify a contact in the #employeedirectory. That coupled with a #gauntlet style maze to navigate a touch key pad or voice enabled Auto prompt #integratedvoiceresponse System. Sound familiar? Does this #resonate with you and your team? Damco Solutions has the solution for you! Check out the attached #casestudy and #DM me via #linkedinmessage to set up a time to talk! You can also zip me an email | andrewo@damcogroup.com #financialservices #fintech #banking #ceo #cio #CRO #CFO #CTO #telcodirector #insurance #healthcare #clientretention #customerexperience #customerfirst #aichatbots #callcenter #telco #contactcenter #callcenterqueue #directorofcustomerservice #customerservice #callcenterrep #thecustomerisalwaysright https://lnkd.in/erQwb_EF
[Case Study] Financial Company Streamlined Call Center Processes With AI-Powered Solution
damcogroup.com
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𝗔 𝗗𝗮𝘆 𝗶𝗻 𝘁𝗵𝗲 𝗟𝗶𝗳𝗲 𝗼𝗳 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲: 𝗧𝗿𝗶𝘂𝗺𝗽𝗵𝘀 𝗢𝘃𝗲𝗿 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀🌟 Embark on a journey into a day in the life of a dedicated customer service professional at Spectranet Limited. Our commitment to excellence is not just a job—it's a passion for providing unparalleled service to our valued customers. ☕ 𝐀 𝐆𝐥𝐢𝐦𝐩𝐬𝐞 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐃𝐚𝐢𝐥𝐲 𝐇𝐮𝐬𝐭𝐥𝐞: From the first call of the day to the last, each moment is an opportunity to make a positive impact. Navigating the intricacies of CRM, billing, and the NIN portal for completing customer KYC can be challenging, but it's a challenge we embrace with dedication and resilience. 🔄 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐂𝐑𝐌, 𝐁𝐢𝐥𝐥𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐍𝐈𝐍 𝐏𝐨𝐫𝐭𝐚𝐥 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: Dealing with complexities in CRM, billing, and the NIN portal for KYC completion was indeed a stress point. However, our commitment to customer satisfaction drove us to find innovative solutions. We understand the importance of a seamless process for our customers, and overcoming technical hurdles has become a top priority. 🤝 𝐂𝐚𝐥𝐦𝐢𝐧𝐠 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 𝐀𝐦𝐢𝐝𝐬𝐭 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: When customers faced frustrations due to technical glitches, our team stepped in with empathy and proactive communication. We went beyond merely resolving issues; we assured customers that their concerns were heard and that we were actively working towards a solution. 💻 𝐓𝐫𝐢𝐮𝐦𝐩𝐡𝐚𝐧𝐭 𝐑𝐞𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧 – 𝐂𝐑𝐌, 𝐁𝐢𝐥𝐥𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐊𝐘𝐂 𝐇𝐚𝐫𝐦𝐨𝐧𝐲: Through collaborative efforts and dedication, our team successfully resolved the technical hurdles. CRM and billing processes are now working seamlessly, ensuring a smoother experience for our customers completing their KYC through the NIN portal. 🚀 𝐆𝐨𝐢𝐧𝐠 𝐀𝐛𝐨𝐯𝐞 𝐚𝐧𝐝 𝐁𝐞𝐲𝐨𝐧𝐝: Our commitment to service excellence doesn't end at issue resolution. We go above and beyond, ensuring that our customers not only get what they need but also feel valued and understood throughout the process. In the dynamic world of customer service at Spectranet Limited, challenges are viewed as opportunities for improvement. Our dedication to providing outstanding service remains unwavering, ensuring that every interaction is a testament to our commitment to customer satisfaction. Ready to experience customer service like never before? Send me a DM and let's embark on this journey together! 🌟 Kindly state what you love doing about your business or career in the comment below 👇 May the work of your hands proper day and beyond #customerservice #20daylinkedinchallengewithhaoma #teamdedication
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Which industries require CALL CENTER MANAGEMENT SYSTEMS?? 🔹 Healthcare: For managing patient inquiries efficiently, scheduling appointment and emergency calls, ensuring timely and accurate communication. 🔹 Telecommunications: To handle high volumes of customer queries, technical support, and service requests to maintain seamless connectivity and customer satisfaction. 🔹 Banking and Financial Services: Providing secure, reliable customer support for account management, fraud prevention, and financial advice. 🔹 E-commerce and Retail: To enhance customer experience through efficient order processing, returns management, and personalized support. 🔹 Travel and Hospitality: Streamlining booking processes, handling travel inquiries, and manage reservations to ensure a smooth customer journey. 🔹 Utilities: For address service outages, billing inquiries, and maintenance requests promptly, ensuring customer trust and satisfaction. 🔹 Government Services: In facilitating public inquiries, managing service requests, and providing critical information to citizens efficiently. 🔹 Insurance: To support policyholders with claims processing, policy information, and emergency assistance, ensuring reliable and timely service. Implementing robust Call Center Management Systems in these industries ensures high-quality customer service, operational efficiency, and enhanced customer satisfaction. #contactcenterdomain #callcentermanagementsystem #javatech
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