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.

Published Mon, May 25, 2015 · 09:50 PM

    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.