A survey
conducted by Australia’s Certified Practising Accountant (CPA) in the middle of
March, has revealed that fifty-five percent of Small to-medium sized business (SMEs)
owners were positive that they would be able to pull through amidst the
pandemic’s outbreak. Plus, the poll collected the thoughts and expectations of another
fifty-seven percent of merchants who trust that their margin of income would
even out their current one or increase in the next trimester to come.
It goes
without saying that the pandemic really brought forth shadowy times upon us.
However, when it comes down to a contactless payment method in the pipeline,
this period of sanitary restrictions and setting up boundaries was quite
helpful. In fact, when being stuck at home, Hongkongers had no other choice but
to contribute to the wide spread of digital payments as smaller
businesses would carry on bringing changes to their current billing
infrastructures.
Consumption coupons and other cashless
payment methods are now filling in to prevent the plummeting effects that
the fifth wave had on Hong-Kongers. As a matter of fact, numbers from the CPA
survey have revealed that thirty-five percent of enterprise owners confessed
having met a greater issue with their business operation section, followed by
twenty-six percent for cash flow.
Moreover,
the digitalisation of local enterprises in Hong Kong ought to create a boost in
e-commerce, giving ways to healthy competition!
Credit: Elf-Moondance/pixabay
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SME teams working together in order to optimise
their billing system online |
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