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25th May, 2023 (Kuala Lumpur) - Axaipay, a leading innovator in the financial technology sector, is delighted to introduce its groundbreaking PreSettlement Service, a pioneering solution poised to revolutionize financial support for micro businesses. As the first and only offering of its kind, this service has been meticulously tailored to meet the unique needs of micro businesses, providing them with unparalleled financial assistance.
During the Payments Innovation Showcase held today at the AICB in Kuala Lumpur, Dr. Terry Yee, CEO and Founder of Axaipay, publicly unveiled the PreSettlement Service for the first time.
Dr. Terry emphasized, "We understand the challenges that micro businesses face, particularly when it comes to effectively managing their cash flow. To address these concerns, our PreSettlement Service offers an exceptional opportunity for merchants to receive settlements before transactions even occur. This means that businesses will benefit from a settlement period of T-X days, ensuring they have access to the funds they need precisely when they need them."
What sets Axaipay's PreSettlement Service apart is its innovative approach to leveraging merchant performance data. By harnessing this valuable information, Axaipay has meticulously designed a solution dedicated to catering to micro businesses' emergency financial requirements. By incorporating these insights, Axaipay aims to empower micro businesses to navigate unforeseen challenges with confidence and agility.
With the PreSettlement Service, micro businesses can proactively manage their financial obligations and seize opportunities without being constrained by traditional settlement timelines. By offering an alternative and dynamic approach to financial assistance, Axaipay is committed to fostering the growth and resilience of micro businesses in an ever-evolving marketplace.
"We take immense pride in introducing this service, which exemplifies our ongoing commitment to supporting the entrepreneurial spirit and driving the success of micro businesses. Axaipay's PreSettlement Service stands as a testament to our dedication to providing innovative financial solutions that make a tangible difference in the lives of our valued merchants."
Dr. Terry further added, "Join us as we embark on this transformative journey, empowering micro businesses to thrive in today's fast-paced business landscape. Experience the power of Axaipay's PreSettlement Service and unlock a world of financial possibilities for your micro business."