, Hong Kong
102 views

DBS Hong Kong launches all-in-one sales management platform

Business accounts can be opened as fast as 1 working day.

DBS Hong Kong has launched the DBX MAX Merchant Solutions offering a platform to manage sales operations and payment collections.

Launched in partnership with Yedpay, the DBS MAX Merchant Solutions features tools that offer access to sales operation data, bank account information in a single platform.

Business accounts can be opened as fast as 1 working day, and collection settlements processed as quickly as just a day after the transaction.

It is also reportedly compatible with over 21 payment options.

DBS Hong Kong noted that over 1 in 3 (35%) of 200 local merchants’ it surveyed in August face challenges due to inaccurate financial records arising from reconciliation challenges.

Almost 1 in 3 (31%) also named inefficient settlement time from their payment acquirers, the study found.

Nearly 70% of merchants it surveyed for a report utilise digital payment methods, and 86% plan to adopt new digital payment methods in the next 12 months.

Follow the link s for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!