Small businesses firmly step into digitalization with banking solutions

Faced with the urgent need for digital transformation and financial transparency under Decree 70/2025/ND-CP, small traders cannot rely solely on traditional experience. To maintain revenue, ensure tax obligations and optimize profits, it is necessary to choose the right and effective financial solutions from banks.

From "counting hands" to "touching hands"

At 6am as usual, Ms. Thuy's traditional bun thang restaurant in lane 74 Tran Hung Dao street, Hanoi began to welcome its first customers. It has been in business every morning for over 20 years, but the special thing about this traditional restaurant is not only the rich flavor, but also the new, modern, and neat way of operating.

Ms. Thuy shared that in the past, every morning at peak times, she always had to record in a notebook, which was both manual and prone to errors. There were days when she made mistakes in revenue and lost money for unknown reasons. Since the Bank supported her to switch to online transactions via her official account, QR code combined with a speaker announcing balance changes, every transaction is recorded immediately and displayed right on the phone application. Revenue at the end of the day can be automatically summarized, no longer depending on handwriting or memory.

Bun thang restaurant applies SHB payment speaker in daily transactions

Not only that, by switching to online payment, she can also easily reconcile and issue electronic invoices on the same day, ensuring full compliance with regulations on financial transparency and invoices according to Decree 70/2025/ND-CP.

“It’s so easy now! Customers just need to scan the code and I don’t have to worry about asking if the money has been transferred yet? or checking my notebook. At the end of the day, I just need to open my phone and I can see the money coming in and out. Since switching to this method, I feel more secure because the way I do things is in line with the new regulations, and it’s easy to summarize and declare when needed,” said Ms. Thuy.

Meanwhile, the change of Mr. Trong Tuan (45 years old), owner of an electrical maintenance and repair facility in Ho Chi Minh City, came from the requirement to comply with the regulations of his partners. Having operated for nearly 10 years, he was used to the style of "hand-to-hand transactions", rarely taking notes or issuing invoices. However, since Decree 70 took effect, some corporate and school customers began to ask him to issue electronic invoices and pay via accounts for convenience. Unable to meet the demand, he lost both his acquaintances and large contracts.

From there, he decided to change the operating model, open a business household account with a separate QR code for the facility, and integrate a payment speaker and a transaction management system to issue electronic invoices for each repair contract. Each revenue goes through the account, can be reconciled, and has an immediate invoice, helping him both retain corporate customers and proactively declare income according to new regulations.

“I used to be so tired of the procedures, I thought it was complicated. But now that the bank supports everything, I feel much lighter. Customers can scan the code and have the invoice sent to their email immediately, no need to write it down by hand, no need to have a headache explaining every penny. Doing it properly and according to standards, now I dare to think about expanding my business to a bigger one,” said Mr. Tuan.

Comprehensive ecosystem, ready to support small traders

Obviously, the "upgrade" of the small noodle shop or the refrigeration repair shop not only helps Ms. Thuy and Mr. Tuan to have less hardship, but also shows that: Digitalization and financial transparency are now urgent requirements, no longer options.

In this process, SHB not only provides payment solutions, but also a companion partner to help businesses comply with the regulations of Decree 70/2025/ND-CP from official accounts, cash flow separation, to revenue and expenditure reconciliation. With SHB's digital financial ecosystem "tailored" specifically for small traders, it promises not only to help with easy operations today, but also to create a foundation for transparent and sustainable development in the future.

Specifically, when opening an account at SHB, small traders will be given a beautiful account number, a VIP number worth up to 25 million VND, easy to remember, easy to identify and increase credibility when transacting. The bank also waives the fee for issuing international debit cards online, and refunds up to 3.6 million VND/year for card spending, extremely useful for businesses that need to advertise, import goods or pay online.

A series of attractive incentives for small businesses to "take off"

In addition, 1,000 new customers who open a payment account for the first time and register for the SHB Payment Speaker package will immediately receive 68,000 VND in cash as a wish for 'prosperity' for their digital transformation journey. Retailers who register for a service package from 3 to 12 months will also receive an additional 1 to 4 months of use, saving significant costs. In particular, the first 500 customers who maintain the required balance will receive a full 12-month trial package, including speakers, SIMs and free data.

Regarding spending, customers can choose an international credit card with many incentives: Up to 10% cashback, free issuance fee and first-year annual fee (Mastercard Cashback); withdraw up to 75% of the limit, free annual fee for life, 0% installment payment in the first 3 months (Mastercard Truly Free). In particular, customers who open an SHB Mastercar Cashback card and spend enough will be immediately given an Evoucher Urbox worth VND 500,000. In addition, retailers also receive discounts of up to 30% at more than 200 major brands in the fields of dining, shopping, travel, education and many incentives with Shopee, Grab, Xanh SM ...

Smart finance for small traders 4.0

SHB also designs a flexible business loan package to support instant capital flow for customers when they need to buy goods, supplies, raw materials... without having to mortgage assets. Customers will be financed up to 85% of capital needs calculated on the speaker's payment revenue, up to 300 million VND, interest rates from only 0.05%/day and especially no interest if paid off within the day.

Finally, not only supporting transactions and loans, SHB also encourages small traders to accumulate effectively with online savings packages, with preferential interest rates up to 0.9%/year compared to depositing at the counter, helping to optimize idle cash flow safely and flexibly.

According to SHB, up to now, nearly 98% of individual customers' transactions are entirely through online channels. The number of payment speakers issued to customers has reached nearly 2,000 units, covering all areas from food and beverage business, travel, consumer goods... The number of transactions is nearly 610,000, with estimated sales of approximately 270 billion VND.

SHB representative shared that behind each small stall is a big dream of the business person. Therefore, SHB's solutions are not simply financial services but a true companion to help small traders grow step by step, from the first transaction to longer-term, more transparent plans, in accordance with the requirements of Decree 70, thereby developing more sustainably to become the core force of the economy as stated in Resolution 68 of the Politburo.

Source: https://vov.vn/doanh-nghiep/doanh-nghiep-24h/tieu-thuong-vung-buoc-so-hoa-cung-giai-phap-ngan-hang-post1216292.vov