MoMo has built a comprehensive digital solution for individual businesses.

Understanding the three major bottlenecks that hinder the digital transformation process of small businesses: lack of tools, lack of data and difficulty accessing credit, MoMo Financial Technology Group has built a comprehensive digital solution set, with a specific 3-step roadmap, easy to apply and close to the actual operations of individual businesses and traditional grocery stores.

Mr. Nguyen Ba Diep, co-founder of MoMo Financial Technology Group, shares about the comprehensive digital solution set for individual businesses.

“We are not just a payment application, but are providing an ecosystem of effective digital financial solutions that any small business, whether it is just a grocery store or a company with a few dozen employees, can grow sustainably thanks to transparent data, reliable connections and financial services integrated with AI technology,” said Mr. Nguyen Ba Diep, co-founder of MoMo Financial Technology Group.

MoMo has introduced a set of solutions to restructure the entire operating process of small traders and individual businesses:

● Step 1, activate basic digital touch points: Start by bringing technology closest to merchants - right at the payment counter. MoMo helps users access simple, easy-to-use digital tools such as QR codes that accept payments from all banks, and transfer notification speakers. From there, introduce merchants to basic sales software and integrated delivery services to expand coverage. At the same time, the business fanpage and business page on the MoMo platform are pre-designed to help merchants have an online presence, reaching customers around the area in a more systematic way.

● Step 2, digitize the entire operation: After getting familiar with the technology touchpoints, small businesses can expand to more in-depth operational solutions: POS systems that synchronize orders from online to offline, automatic inventory management, real-time revenue control, and multi-channel sales integration. Grocery stores, small eateries, or family stores can now reduce 30–50% of their operating staff thanks to automation, control costs more effectively, and improve profit margins by 5–15% in just a few months.

● Step 3, connecting digital finance: When the operational data is thick enough, MoMo helps small businesses go one step further: integrating online tax declaration, issuing electronic invoices, using digital signatures and synchronizing with accounting software. In particular, the credit scoring system based on actual transaction data allows them to access legitimate unsecured loans from banks - without collateral or complicated documents.

MoMo has provided an ecosystem of comprehensive digital financial solutions, supporting small and micro enterprises (SMEs) throughout their operation journey – from payment, recording, management to access to credit and taxation. With more than 30 million users, hundreds of thousands of partners, 70 banks and financial institutions, and 300,000 payment acceptance points nationwide, MoMo not only provides services, but also acts as an intermediary to help SMEs integrate faster into the digital economy .

KIM THANH

Source: https://www.sggp.org.vn/momo-da-xay-dung-bo-giai-phap-so-toan-dien-cho-cac-ho-kinh-doanh-ca-the-post803527.html