EastWest and Visa unveils the BizAccess Visa Debit, which is a new business solution that combines a checking account, digital tools.
EastWest and Visa unveils the BizAccess Visa Debit, which is a new business solution that combines a checking account, digital tools, and other important business features to cater to the needs of entrepreneurs with managing their finances.
The debut of this business solution comes in light of 99% of businesses in the Philippines being classified as SMEs, and that EastWest recognizes the challenges these businesses face with multitasking. With the Vis Debit card, this gives entrepreneurs a secure and convenient way to manage everyday business transactions.
With EastWest BizAccess, business owners can issue up to 10 cards to their staff for easy management of expenses and transactions under one account. It also comes with travel accident insurance, transaction notifications, and access to exclusive Visa promos and rewards for SME clients like a welcome offer and waived over-the-counter fees for deposits and withdrawals.
The card comes with a BizAccess Checking Account that requires a minimum maintaining balance of Php 25,000 and can be managed through the EasyBiz Online Banking app. The platform allows entrepreneurs to view balances, monitor transactions, pay suppliers, pay corporate bills, and even process government payments via eGov efficiently.
Among the business clients that were welcomed during the launch of EastWest BizAccess include fragrance brand Aficionado, automotive care brand Bosch Car Service, coffee supplier Colombo Merchant, sustainable agri-tourism and organic farming destination Kenzo and Kloe’s Nature Farm, and snack brand Nacho King.
“SMEs are the backbone of the Philippine Economy, and we’re proud to give them the tools they need to thrive,” EastWest CEO Jerry Ngo said. “BizAccess goes beyond being a debit card. It’s a business partner that helps entrepreneurs manage finances easily, securely, and confidently, so they can focus on what matters most: growing their business.”
”With BizAccess, SMEs gain access to trusted and convenient payment solutions that simplify how they operate while also opening opportunities to participate in Visa’s global network of offers and rewards designed to help businesses grow,” Visa Philippines Head of Clients Sid Bada said.
SME owners can avail of EastWest BizAccess Visa Debit at any EastWest branch nationwide.
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