November 17, 2025 | 10:44am
MANILA, Philippines — Running a business means every peso and every minute counts. But many small and medium enterprises (SMEs) know how overwhelming it is to manage cash flow, keep track of expenses and ensure smooth payments.
With these in mind, EastWest developed its newest financial tool—the BizAccess Visa Debit Card.
Philstar.com spoke with Martin Reyes, EastWest head of marketing and cash management, who explained why the Bank’s newest product is a must-have for SMEs looking to manage their finances more efficiently.
1. It helps SMEs separate business and personal finances
“SMEs struggle with cash flow visibility, managing multiple payments and access to affordable financial tools. Many mix personal and business funds, leading to poor tracking of finances. High transaction costs and manual payment processes also limit their growth,” Reyes shared.
Separation, he explained, “enables clear financial reporting, simplifies tax compliance and improves eligibility for financing since banks can see true business performance. It also helps SMEs budget more effectively and build a business’ financial identity distinct from the owner.”
With the BizAccess Visa Debit Card, every transaction is automatically tagged under the business account.
“Unlike personal cards, BizAccess comes with business-specific features—linked to the BizAccess Checking Account, integration with EasyBiz Online Banking, access to business and government payments—making it a true business tool, not just a payment card.”
2. It streamlines payments—local and international
For SMEs that manage multiple payments daily, BizAccess simplifies operations.
“BizAccess, paired with EasyBiz, allows SMEs to consolidate payments in one platform. Owners can transfer funds to suppliers, disburse payroll and settle utilities directly online, and use the card for other day-to-day expenses. This reduces manual handling, errors and reconciliation time.”
The card is Visa-powered, giving it broad acceptance in the Philippines and abroad.
“Locally, SMEs gain seamless cashless acceptance. Internationally, they can transact with global suppliers and platforms. This makes it easier for SMEs in e-commerce, exports or digital services to engage in cross-border trade with confidence,” Reyes said.
And with EasyBiz Online Business Banking coming hand-in-hand with the card, “owners can monitor card spend in real time.” Together, they create an end-to-end SME banking solution—from account management to payments, cash flow monitoring and reconciliation.”
3. It offers perks that go beyond banking
The BizAccess Visa Debit Card also comes with benefits that are sure to add tangible value to SME operations. Among them are exclusive merchant discounts and travel accident insurance coverage of up to P20 million.
The card provides business offers which cardholders can take advantage of including digital ad credits, discounts on subscription to ecommerce platforms, marketing tools, accounting tools, and more. Through these merchant tie-ups, SMEs can access essential tools for digital advertising, accounting, and setting up online stores, helping them grow their business and reach more customers.
“These perks help reduce operational costs of the SMEs,” said Reyes.
An ultimate business enabler
“Because it goes beyond payments, it’s a business enabler. It helps SMEs professionalize their finances, reduce costs, simplify operations, and connect to the digital economy,” Reyes shared.
“With the government pushing for 70% digital payments adoption by 2030, according to the Bangko Sentral ng Pilipinas roadmap, SMEs that use BizAccess are already preparing for a more digital future. “
As digital payments continue to shape the way businesses operate, EastWest BizAccess helps entrepreneurs build a smarter, more resilient operations that are ready for the opportunities ahead.
Editor’s Note: This #Brandspace story is created with EastWest. It is produced by the Advertising Content Team that is independent of our Editorial newsroom.
