SMEs urged to go online

Business

By PETER ESILA
BANK South Pacific (BSP) Financial Group Ltd wants small-to-medium enterprises (SMEs) to use its digital platforms.
BSP retail general manager Daniel Faunt mentioned this during a demonstration session of the BSP Pay platform.
He said using digital platforms would increase an SMEs’ customer base.
Faunt said BSP Pay was a no-card, just pay payment solution that allowed a BSP account holder to carry out online payments on registered BSP merchants online shop instantly and securely without the use of card details.
The only information required is the customer information file (CIF) number (BSP ID) and a registered mobile number.
The event was attended by SME owners and a BSP team to provide information and registration of the digital banking platforms.
“Due to the Covid-19, many businesses, especially SMEs, are slowing down, stepping back and re-shaping their business model,” Faunt said.
“BSP is taking this time to empower small-to-medium enterprises through this event to apt digital strategies to help accelerate your resilience and competitive advantage in the local and also global marketplace.
“BSP Digital banking is more than just taking your business online.
“It is the idea that fully expands business and increase customer base not only locally but also globally via the BSP Internet Payment Gateway.”
Director and owner of Agetai Real Foods Margaret Luku and owner of Tapioca Delight Ginia Sialis, welcomed the service.
“Convenience for our customers is definitely something we strive to provide,” Sialis said.
“We are excited about BSP Pay and it is a game-changer in managing cash flow, paying suppliers faster and enhances business growth.
“Thank you for making the digital experience fast, safe and modern.”