EastWest empowers SMEs with BizAccess Visa Debit, a banking solution designed for businesses

EastWest, in partnership with Visa, has launched BizAccess Visa Debit, a new business solution that comes with a checking account, digital tools, and other practical features designed to give entrepreneurs ease, efficiency, and control in managing their finances.

With 99% of businesses in the Philippines classified as SMEs, EastWest recognizes that entrepreneurs juggle multiple responsibilities every day. BizAccess Visa Debit simplifies money management by helping SME owners separate business from personal funds, track transactions in real time, and access essential tools to keep their operations running smoothly.

The EastWest BizAccess Visa Debit Card is at the center of the BizAccess experience. It gives entrepreneurs a secure and convenient way to manage everyday business transactions, from purchases and supplier payments to other business-related expenses.

Business owners may issue up to ten cards to their staff, making it easier to manage expenses and monitor transactions in one account. The card comes with travel accident insurance, transaction notifications, and access to exclusive Visa promos and rewards for SME clients. With a welcome offer and waived over-the-counter fees for deposits and withdrawals, the BizAccess Visa Debit Card makes business banking simpler, safer, and more rewarding.

The card comes with a BizAccess Checking Account, which requires a minimum maintaining balance of Php 25,000. Entrepreneurs can manage this account through EasyBiz Online Business Banking, giving them full control over their finances. They can view balances, monitor transactions, pay suppliers, and manage cash flow anytime, anywhere. The platform also enables SMEs to process government payments via eGov, pay corporate bills, and handle other essential transactions efficiently, allowing them to spend less time on administration and more time on growth. Card lock and unlock features are also available through EasyBiz, giving users added control and security over their accounts.

The BizAccess Visa Debit Card also includes travel accident insurance, transaction notifications, and access to exclusive Visa promos and rewards for SME clients. With a welcome offer and waived over-the-counter fees for deposits and withdrawals, the BizAccess Visa Debit Card makes business banking simpler, safer, and more rewarding.

During the launch event, EastWest and Visa also welcomed established business clients who exemplify Filipino entrepreneurship and innovation: Aficionado, a well-loved fragrance brand; Bosch Car Service, a trusted name in professional automotive care; Colombo Merchant Philippines, a coffee supplier serving local businesses; Kenzo and Kloe’s Nature Farm, a sustainable agri-tourism and organic farming destination; and Nacho King, a pioneer in the local snack food industry. Their participation highlighted how BizAccess supports diverse businesses across industries.

“SMEs are the backbone of the Philippine economy, and we’re proud to give them the tools they need to thrive,” said Jerry Ngo, EastWest Chief Executive Officer. “BizAccess goes beyond being a debit card. It’s a business partner that helps entrepreneurs manage finances easily, securely, and confidently, so they can focus on what matters most: growing their business.”

“Visa is delighted to partner with EastWest in empowering Filipino entrepreneurs,” said Sid Bada, Head of Clients, Visa Philippines. “With BizAccess, SMEs gain access to trusted and convenient payment solutions that simplify how they operate while also opening opportunities to participate in Visa’s global network of offers and rewards designed to help businesses grow.”

SME owners and decision-makers can now avail of the EastWest BizAccess Visa Debit Card at any EastWest Store nationwide. The card comes with a BizAccess Checking Account that entrepreneurs can easily open and manage online. Activation and usage are simple, with step-by-step guides available on EasyBiz, making it easier for business owners to start managing their finances with greater ease and control.

For details on how to open a BizAccess account and activate the card, visit www.eastwestbanker.com/business/deposits/bizaccess.

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