Axis Bank reports the Launch of ‘NEO for Business’, a particular Exchange Banking stage uncommonly organized for Indian Miniature, Little, and Medium Endeavors (MSMEs). This is a first-of-its-sort thorough computerized recommendation that takes care of the genuine, current, and arising Exchange Banking needs of MSMEs.
Neeraj Gambhir – Gathering Chief and head – Depository, Markets, and Discount Banking Items, at Hub Bank, said, “The MSME Business Banking landscape is evolving rapidly, and there is a need for a comprehensive solution for all their Banking and Beyond Banking requirements. Our approach was to build a proposition that offers and solves their needs across a range of products and services on a single platform. ‘NEO by Axis Bank’ was launched as a platform for our corporate banking customers offering a complete suite of digital banking products and services. Within this platform, our newly launched ‘NEO for Business’ is a one-stop solution for the business requirements of MSMEs,” he further added.
Vivek Gupta – President and head – of Discount Banking Items, said, “ NEO for Business is built to create a distinctive first Transaction Banking platform for MSME’s. It has contemporary UI/UX along with bank-grade security features. With NEO for Business, we will continue to transform the Transaction Banking landscape for MSMEs by creating a strong digital ecosystem to solve all the evolving needs of MSMEs.”
Axis Bank’s NEO for Business stage offers a wide cluster of Banking and Past Financial elements, for example,
- Digital self on-boarding
- Bulk Payments
- GST Compliant Invoicing
- Payment Gateway integration
- 360° Customer View
- End to End Transaction Tracking
- Auto Reconciliation
- Recurring Collections
- Cash Flow Reports and many more……
With these particular highlights, MSMEs can now appreciate improved comfort and efficiency, as they can finish their financial exchanges ‘in a hurry’, without visiting a bank office.