ABSS Click to Pay gives Singapore SMEs an edge
By Digital News Asia August 31, 2016
- The solution is now available in Singapore and is due for release in Malaysia next
- Offers a safe and secure online card payment channel for paying invoices
ASIA Business Solution Software Solutions (ABSS), a business software provider and Mint Payments, an Australian payments processing technology provider launched ABSS Click to Pay in Singapore. It is comprehensive e-invoicing and payments solution targeted at small and medium enterprises (SMEs).
ABSS Click to Pay provides SMEs in Singapore with a safe and secure online card payment channel for paying invoices.
The solution enables SMEs to click through directly from an e-invoice, enter credit/debit card or bank account transfer details, submit their payment online and receive a tax receipt instantly. This also allows direct card transactions to be processed in real-time.
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The launch follows a partnership agreement between ABSS and Mint Payments in March.
Under this agreement, ABSS will distribute, license and integrate Mint Payments’ omni-channel payment solutions with ABSS’ MYOB branded SME business software products. Mint Payments’ partnership with NETS also enabled ABSS to be connected to NETS’ payment processing network.
According to ABSS CEO Paul Conway more than 300,000 SMEs across Asia are already using MYOB.
ABSS Click to Pay is currently available in Singapore and will be rolled out In Malaysia next. The product will then be launched across the rest of South-East Asia.
The collaboration between Mint Payments, ABSS and NETS seeks to capitalise on the growth of eCommerce as well as online and mobile payments. South-East Asia is slowly witnessing the shift towards electronic payments, in replacement of cash and cheques, from consumers to corporations.
“With this collaboration, we are delivering a comprehensive omni-channel payment solution to SMEs in Singapore and the wider Asia-Pacific region. ABSS Click to Pay marks the first of a full suite of products that will be made available. Moving forward, we are targeting to launch Singapore’s first unified mPOS solution with NETS, which will also be made available to all ABSS’ merchants,” said Mint Payments’ CEO Alex Teoh.
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