Digital Banking.
SME banking
Entice new customers through innovative SME tools and foster loyalty by leveraging their data to provide better products and lower-cost loans.
From self onboarding, a complete small business POS app, inventory management, invoicing and business insights to multi-currency accounts enabling better cross border commerce.
Merchants can accept cash, card and e-money all directly settled into their account with further full ability to set up and manage their financial products.
Youtap classifies growing market merchants into five tiers. We have created value-add features for each tier allowing you to fully service the entire spectrum of business banking needs.
5
Informal impermanent independent merchants.
E.g. Street hawkers & wet markets
4
Informal permanent independent merchants
E.g. Small street stores
3
Formal independent merchants
E.g. Local mall stores
2
Formal contemporary independent merchants
E.g. Contemporary stores with 1 or several outlets
1
National/Regional brands and retail chains
E.g. National brands and mall stores
Make the lives of your SME customers easier while attracting new business, boosting engagement and fostering loyalty.
With a single platform unify the customer experience across web, mobile (both iOS and Android) and agency banking touchpoints. Roll out new products across all channels in minutes, not weeks or months.
Easily onboard SME customers digitally from where they choose with eKYC, including verification of business details, OTP, video selfie and manual intervention if needed, all while adhering to AML and KYC regulation.
Separating business spending from personal accounts instantly allows your SME clients to streamline reporting, and better understand their business health.
Merchants can issue, receive and pay invoices directly from their account. Simple recurring expenses can be set up so no payment deadlines are missed.
However their customers are wanting to pay. E-money, QR codes, bank transfers, credit and debit cards and P2P transfers are fully supported.
Cross-border business no longer has to be a hassle. SME customers can easily hold funds in multiple currencies and pay for, or invoice for goods in the local currency eliminating uncertainty around fluctuating forex rates.
Access to working capital is the main barrier to SME growth, set up your loan products and deploy in minutes allowing users to apply and be approved directly from their account.
Our business financial management tool brings a rich view to the financial workings of your client’s businesses granting them better perspectives on their spending and intake. Full filters allow them to better forecast by analysing past performance.
Our banking products