To the SME community:
As the impact of the COVID-19 situation continues to affect everyone on a global scale, the stakes are particularly high for small businesses. We want to offer the support and help in the ways we can. This page aims to compile a list of tools, resources and funding that SMEs can tap on during this challenging period.
Government Grant & SME Support
We can make use of the downtime to digitalise, restructure and transform our businesses, and we can leverage various government grants and funding to do so.
Get up to 80% grant when adopting digital solutions such as Qashier
The SME Go Digital programme was launched by IMDA to help SMEs digitalise their businesses. As part of the programme, IMDA has identified a list of proven digital solutions that are supported by government grants such as the Productivity Solutions Grant (PSG).
The PSG provides a grant of up to 70% of the cost of adopting IT solutions and equipment. From 1 April 2020 to 30 September 2021, the maximum grant available has also been increased to 80%.
As Qashier is a pre-approved solution and vendor, SMEs can thus claim up to 80% of the cost of adopting the Qashier Smart POS System. This means that you can get a brand new POS package that covers hardware, software, setup, training and support, all for less than $1/day! Speak to us today to see if your business qualifies for the grant.
To further help SMEs tide through COVID-19, Qashier is offering more subsidies and attractive packages. Click here to learn more about our current promotions. (only applicable to new signups).
Try Qashier for free today. No long term contracts, no cancellation fees.
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More steps you can take:
Minimise in-person contact
As we step up the fight against the spread of the virus, you might consider limiting the in-person contact between staff and customer. This can include skipping a physical receipt and encouraging the use of cashless and contactless payments such as Paywave and QR code payments.
Reduce payment processing fees
We know every cent counts, and especially so in times like these. If you're currently using a traditional credit card terminal, you might be getting overcharged by your bank or payment processor. Speak to us on how we can help minimise the fees that you're currently paying.
Streamline your POS system
If you're using a traditional POS system, you could be paying hundreds of dollars a year in maintenance fees alone, with little to no updates on new features over time. It may be prudent to use this downtime to refresh your old POS system with one that is up-to-date and running on the latest cloud technology. Best of all, a brand new system might actually cost less than your current maintenance fees.
Offer in-store credits and packages
Selling in-store credits and packages (such as a package of 10 haircuts or 10 lattes) can help increase cash flow during this period. And it's easy to setup too! Just enter the customer's phone number into the Qashier Smart Terminal at checkout for both sale and redemption of these credits and packages.