Digital payments save time for businesses, make accounting easier
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(From left) Off Day Beer Company co-founders Kasster Soh, 33, Kevin Ngan, 39, and Daryl Yeap, 29, at their brewery in Jurong Food Hub. Mr Ngan said that the fund transfer service, which he applied for through OCBC Bank, was particularly useful during events as consumers can pay for their drinks easily.
ST PHOTO: DESMOND FOO
Dough fritter company Xi De Li director Adrian Koh used to spend about 20 minutes at each of his customers' stalls around Singapore to collect and count his payment.
He makes about 10 visits a day before bringing the cash back to his office in Kaki Bukit, where his finance staff will spend up to six hours dealing with it, including settling the invoices.
