Philstar
3 reasons why SMEs should get a BizAccess Visa Debit Card
EastWest Bank has launched the BizAccess Visa Debit card, a financial solution developed in collaboration with Visa to assist small and medium enterprises (SMEs) in the Philippines.
This card aims to help entrepreneurs by simplifying financial management, enabling them to separate business and personal funds for better tracking and control.
According to Martin Reyes, EastWest head of marketing and cash management, the separation of funds helps SMEs with clear financial reporting, simplified tax compliance, and improved eligibility for financing.
The BizAccess Visa Debit card offers features such as real-time transaction monitoring and digital tools to streamline business operations.
EastWest CEO Jerry Ngo emphasized that the card is designed to be a business partner, helping entrepreneurs manage finances securely and confidently.
Business owners can also issue up to ten supplementary cards to their staff, allowing for better oversight of team expenses under one unified account.
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