We Build SMEs, We Build The Future

Simplified digital solutions enables business owners to be unstoppable

With the rise of innovative digital solutions, the Malaysian business landscape has undergone a tremendous change that paved the way for local entrepreneurs to scale up efficiently. This transformational wave is expected to positively affect the nation as Micro, Small and Medium Enterprises (MSMEs) are the backbone of Malaysia’s economy.

According to the Ministry of Economic Affairs, the government plans to help MSMEs increase their contribution to the country’s GDP to 41% by 2025. To achieve this, local business owners would need to leverage technological advances in order to simplify their business operations, thus enabling success and sustainability.

Common challenges faced by merchants

Beyond the usual shared challenges that most business owners face such as financial constraints and market competition, some pain points are also within their day-to-day operations. One such challenge is the task of manually managing their financial records which are time-consuming and prone to errors.

There is also a risk of customers mistyping or miscalculating payments, which could lead to discrepancies and potential financial losses. Without having a robust order tracking system, merchants tend to face problems like delays, confusion and customer dissatisfaction on a daily basis.

All of those issues can be avoided with the use of simplified digital solutions that are able to streamline their business operations more efficiently. Merchants can have access to tools that will allow them to reduce administrative work by automating manual tasks. In doing so, it minimises any risk of human error, ensuring precise financial transactions efficiently.

The BoostBiz suite of merchant solutions offers a comprehensive range of digital tools such as the BoostBiz Payment Link, Biz Merchant Wallet and DuitNow QR which are designed to optimise business operations and enhance efficiency. And the best part is, all these solutions can be easily accessed on the Boost Biz app.

Simplifying payments with BoostBiz Payment Link

The BoostBiz Payment Link offers a seamless solution to simplify payments and enhance accuracy throughout the transaction process for merchants across all business types, regardless of their registration status with SSM or the local council.

Customers can simply click on the unique payment link that will allow merchants to receive payments anytime and anywhere, further reducing the likelihood of payment errors.

Merchants will also have the flexibility to enable the customers to pay using their preferred methods such as online banking, credit or debit cards and even e-wallets.

This innovative digital solution provides a centralised approach when it comes to order management within a single app, all without the need for any subscription fees. Merchants can easily manage stock availability and set order limits with each generated payment link, granting them greater flexibility and control.

Meanwhile, the dedicated ‘Orders’ section of the app offers real-time visibility into payment status and order fulfilment progress, further simplifying the process of monitoring transactions.

It goes without saying that solutions like BoostBiz can empower business owners to prioritise on achieving businessgrowth by automating numerous tedious tasks through the BoostBiz Payment Link. Business owners will have access to the necessary tools to handle rising transaction volumes and evolving market demands.

By embracing these features, business owners can unlock new levels of efficiency and productivity, positioning themselves for unstoppable sustainable success in today’s marketplace.