What are two words that will become increasingly important to customers? The answer is "hassle free". Clients can reduce their bad debt exposure through the use of Visa's online platform and capitablize on its resources to increase their business network. Making life easier for customers makes happy, loyal consumers who return for more business.

Kan Kee Cleaning Services accept credit cards for invoice settlement, so that their clients can settle bills anywhere at any time. It also helps Kan Kee to reduce operating expenditure by simplifying the invoicing and payment procedure.

Nan Hwa (Express) Travel is another company that accepts credit card payment from their clients including travel agents, small and medium sized enterprises as well as multi-nationals. In this way, their customers paying by credit cards can enjoy offers and benefits provided by Visa and their issuing banks, which may include travel insurance, interest-free payback of up to 56 days and bonus points. Meanwhile, the company can shorten the accounts receivable cycle and speed up cash flow. Accepting credit card payment also reduces the risk of bad debts and lowers operating costs for reconciling checks and remittances.

As merchants accepting Visa card payment, Kan Kee and Nan Hwa are listed on the Visa Commercial Directory which allows them to expand their customer base and increase business volume.

As Visa acquiring merchant, credit card companies can assess the payback ability of new clients and arrive at a reasonable credit amount.

The online platform is more convenient and contributes to the overall reduction of operating expenditure.

The views expressed are the author's own and do not necessarily reflect the views of Visa or any other individuals. They do not express the views, opinions or beliefs of any organization or individual other than the author's, nor do they represent Visa in any respect nor are they endorsed by Visa.
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