DBS launches industry-first solution to transform B2B payments and collections landscape in Singapore

[1][2][3](From left to right) SG5 Chairman Lee Hong Kiat, DBS’ Group Head of SME Banking Joyce Tee, Huber’s Butchery’s Executive Director Andre Huber and SG5 CEO Alvin Chua.DBS’ new payment solution allows businesses such as Huber’s Butchery to make QR payments easilyAndre Huber (right), Executive Director of Huber’s Butchery, using DBS’ new QR payment solution to pay for APB goods from SG5^[1] Source: Euromonitor, from DBS Group Research report - https://www.dbs.com/aics/pdfController.page?pdfpath=/content/article/pdf/AIO/102019/191022_insights_fnb.pdf ^[2] DBS RAPID is an API solution that enables DBS corporate customers to integrate their systems with the bank's so as to access real-time banking services seamlessly https://www.dbs.com.sg/corporate/cash/electronic-banking/rapid^[3] DBS MAX is Singapore’s first mobile-based QR payment collection solution that enables SMEs to receive funds instantly. https://www.dbs.com/newsroom/DBS_to_launch_Singapores_first_mobile_based_QR_payment_collection_solution_to_improve_cash_flows_for_SMEs
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