28 April 2023
BBMSL Offers More Convenient Electronic Payment Solutions for Businesses
When opening an account with BBMSL, businesses can use the RD app to independently create and manage their RD ezLink Corporate ID.

BBMSL Offers More Convenient Electronic Payment Solutions for Businesses

BBMSL (樋熥支付科技有限公司) provides secure, reliable, and user-friendly electronic payment solutions to over 10,000 businesses and SMEs across industries such as retail, food and beverage, healthcare, beauty, hotels, entertainment, and transportation. Founded in Hong Kong in 2017, BBMSL was initially a wholly-owned subsidiary of BBPOS Group. BBPOS is a leading global supplier of electronic payment terminals (MPOS), having developed the world's first MPOS device and shipping over 3 million hardware units annually. In March 2022, Stripe Inc. acquired BBPOS Group, and under the business restructuring, BBMSL became an independent entity. With its rich experience and technical advantages in the electronic payments sector, BBMSL is rapidly expanding into Southeast Asia and Australia, collaborating with RD Technologies to reach new heights.

 

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As the Hong Kong Consumer Voucher Scheme has launched and the post-pandemic era emerges, businesses are actively seeking to expand their operations and find reliable, fast, one-stop electronic payment solutions that support multiple payment methods to maintain market competitiveness. To seize this opportunity, BBMSL requires a tool that can quickly and effectively verify the identities of new business customers, optimizing their user experience while enhancing BBMSL's operational efficiency. Considering this, BBMSL has collaborated with RD Technologies to integrate the RD ezLink corporate ID business identification solution, a portal for BBMSL to verify the identity of merchant businesses, offering a faster, more convenient, and cost-effective method to improve due diligence efficiency, significantly reducing the time needed for merchant registration and enhancing the account opening experience for businesses.

RD ezLink Facilitates Trust Building Between BBMSL and Businesses

When opening an account with BBMSL, businesses can use the RD app to independently create and manage their RD ezLink Corporate ID. RD Technologies will verify the corporate information within the Corporate ID according to current regulatory requirements and banking standards. The completely digitalised registration process lowers the time cost for SMEs, reduces errors or inconsistencies in corporate data, and considerably speeds up the application process. BBMSL can also greatly cut the cost of business verification work with the help of RD ezLink.

 

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In addition to applying for services from banks and financial institutions by submitting their RD ezLink Corporate ID, businesses can also effortlessly share their verified business registration information, as well as the RD ezLink verification number, with various partnering organizations through the RD app for free. This eliminates the need for multiple company searches and significantly reduces the time and expense required for corporate identity verification. With just one click, all information is seamlessly shared, allowing merchants to quickly establish trust with various institutions using a single app.

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#Business Payment#Business Strategies#SME Story#Ecommerce