Singtel and DBS launch resource packages to aid SMEs with e-commerce and cashless payments

It’s part of their 99% SME campaign.

The telco giant and the banking behemoth aim to jumpstart SMEs as they launch a suite of resource packages to help SMEs in Singapore enhance their capabilities with e-commerce and cashless payments, as part of the 99% SME campaign.

According to a press release by DBS, the campaign will be supported by SPRING Singapore and the Infocomm Development Authority of Singapore.

The press release said the suite of resource packages with preferential pricing and fee waivers to help them adopt cashless and e-commerce solutions.

“DBS, in partnership with Applied Mesh, will be offering the first 10 participating SMEs in the food & beverage industry a sponsorship package as well as 25% discount on the monthly subscription fee when they adopt DBS FasTrack,” the release said.

The press release added that DBS FasTrack is a payment and ordering solution that allows F&B SMEs to quickly launch their own mobile apps where customers can place advance orders and payment, eliminating queue times for customers.

Meanwhile, Singtel will also provide 500 SMEs with a complete and affordable e-commerce solution, under the Singtel e-commerce Solution resource package, for 99 cents a day during the initial six months.

“Through workshops and hands-on facilitation, the resource package can help SMEs to easily create online stores, in a matter of hours for some and a few days for others. In addition, Singtel will provide marketing training for SMEs to help them attract and retain online customer eyeballs to sustain their sites,” the press release said.