E-paying the way forward
Whether they realise it or not, a reliable electronic payments system can boost productivity for SME owners on both the buy and sell side of growing a business.
ASK any SME business owner what's top on their to-do list, and setting up a seamless electronic payment system isn't likely to be one of them.
Yet MasterCard's head of global commercial products Edward Glassman is not dissuaded. In fact, he says, that's par for the course.
"SMEs want to grow their business,to reach more customers, to be able to buy products and services that can enhance their growth, and to have advantages to power their business that they may not normally get as an SME," Mr Glassman explained.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Lily Ler to step down as CEO of Mapletree Industrial Trust manager
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore