Monday, March 26, 2018

Digital Payment vital for Businesses in PNG

Papua New Guinea Small arts and craft business women and men have been urged to venture into digital payment offerings like wireless electronic fund transfer at point of sale (EFTPOS) machines to improve their sales, ease of payments option and security.

Authentic PNG arts and craft retailing owner, Dana Roape said the introduction of the cashless payment method into her business makes it much easier for customers as not everybody wants to carry cash around as it presents risks for them.
“EFTPOS machines make it easier and reliable for our clients. Without checking for money they can buys it quickly.”
“As soon as I started my business we contacted the banks and it took two weeks. The first to do the paper work and the second week we received it.”
“But the turnaround quicker than that they can have it in a week. There are certain requirements and the monthly maintenance fee.”
She called on other craftsmen and women to take on the payment method, especially painter and carvers in craft markets and hotel entrances as paintings and other such crafts fetch higher prices.
“I would like to encourage our SMEs out there to take it out to the market places and take into craft markets and it has been received well.”
“To share the experience with the others like those who sell paintings because they sell them for some bigger prices for their customers who don’t have to try to use money and take the risk of carrying big cash around,” Dana said. Post Courier/ PNGeHow

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