With the theme “Skyrocket your business”, the TikTok SMB Summit 2024 attracted over 1,500 guests to discuss market trends, online business strategies, revenue management solutions, and the latest personal financial development. The event took place amid TikTok’s growing popularity, with over 2.8 million micro, small, and medium-sized enterprises from Vietnam present on the platform as of November 2023. According to a report by YouNet ECI, TikTok Shop accounted for 23.2% of transaction value in the first quarter of 2024, ranking second among the top four e-commerce platforms, including Shopee, Lazada, and Tiki.
Mr. Ngo Anh Tuan, Senior Director of Payment Solutions and Unsecured Lending Development at Techcombank, shared: “We believe that this event will serve as a launching pad to bring Techcombank’s utilities to more individual customers. It is also one of our important activities to promote a comprehensive package of benefits and optimized privileges for small and medium-sized businesses and online sellers.”
According to Techcombank, sellers can now seamlessly register for a payment account, a non-physical payment card, and a QR code for their online store to conveniently receive payments and manage revenue – all within a few minutes through eKYC with a chip-enabled ID card on the Techcombank Mobile digital banking platform. With the upgraded payment account and Auto-Sweep feature, sellers can maximize unused funds, such as bill fees, inventory purchases, or even revenue, to safely maximize profits daily and flexibly use the money in their account whenever needed.
Regarding credit products that do not require collateral, Techcombank offers two options suitable for sellers with or without a business registration – ShopCash and MyCash. ShopCash stands out with a credit limit of up to 3 billion VND and an interest rate of only 7% per annum, calculated based on the actual number of days used. The procedures and documentation have also been simplified on an online platform to provide maximum support for sellers.
Additionally, payment cards are emphasized to help sellers optimize costs and enhance their digital payment experience, catering to both advertising and personal spending needs with exclusive privileges. Through the TikTok SMB Summit 2024 event, sellers are encouraged to recharge their TikTok Ads credit through the Techcombank payment card to enjoy cashback benefits of up to 1 million VND.
“With smart revenue management and profit optimization tools that are suitable and completely free, we aim to help sellers focus more on product development, content creation, and sales channel management to attract customers effectively. By using the Techcombank payment card and taking advantage of the attractive benefits, sellers can also save time and costs when running ads on TikTok,” said Mr. Ngo Anh Tuan in his closing remarks at the event.
Understanding the needs and challenges of sellers in the digital business era, Techcombank is committed to promoting a comprehensive package of benefits and privileges for small and medium-sized businesses and online sellers on platforms like TikTok and Facebook. For more information and to open a new Techcombank payment account for sellers, click here.
Revealing the Income of Bank Employees
In 2023, amidst the challenging times for many businesses with labor cuts and reduced salaries, the banking sector continues to maintain a strong income level. Among them, Techcombank stands out with the highest average income of 540 million VND per person per year. Few banks have reduced salaries and benefits for their employees.
Important Notice: Interbank Transfers may take up to 7 business days during public holidays, and funds may not be received until February 15th
There are currently two main transfer methods, including regular transfer (via the Citad system) and 24/7 fast transfer (via the NAPAS system).
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