Standard Bank South Africa Unveils Upgraded SimplyBlu for SMEs

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Standard Bank South Africa has introduced an enhanced version of its SimplyBlu platform, offering a streamlined, all-in-one solution designed to support the evolving needs of Small and Medium-Sized Enterprises (SMEs) across the country.

The upgraded SimplyBlu platform integrates critical business functions such as payments, inventory management, and e-commerce into a single interface.

This solution promises to transform how SMEs manage their daily operations, with full visibility into operations and comprehensive business insights provided at no additional cost.

For many SMEs, the challenge of managing disparate systems for payments, inventory, and sales has been a longstanding pain point. SimplyBlu addresses this by consolidating these functions into a unified platform.

Whether businesses are managing brick-and-mortar stores, e-commerce sites, or mobile sales, the platform allows for seamless oversight and control.

“What we are doing with this new and enhanced SimplyBlu platform is turn possibilities into opportunities for the vibrant businesses that power Africa’s economy, by giving them a truly all-in-one experience,” said Norman Nyawo, Head of Merchant Solutions for Business and Commercial Banking at Standard Bank South Africa.

The SimplyBlu platform is available on Android, with an iOS version on the way. The SimplyBlu app provides merchants with real-time access to daily, weekly, and monthly reports, as well as the ability to process payments via card, QR codes, and cash.

This mobility allows SMEs to handle their operations smoothly even when owners are not physically present at their business locations.

Additionally, the app provides valuable insights into sales performance, expenses, and stock levels. Merchants can further track their operations in real-time.

The upgraded SimplyBlu platform also features an Android-based POS device equipped with a built-in barcode scanner. This innovation simplifies the sales process for merchants by enabling them to scan products, update inventory in real time, and record sales transactions directly on the device.

The integration between the POS system, online store, and mobile app ensures that all sales channels are interconnected. This means merchants can manage their in-person and online sales in one place.

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The system also utilizes advanced encryption technology to safeguard customer data and ensure the security of every transaction. This strong protection enables businesses to operate confidently, knowing that their financial and customer information is fully protected from potential threats.

The platform also delivers detailed business insights that are accessible through the merchant app. These insights provide business owners with valuable data, such as sales trends and expense tracking.

“SimplyBlu is all about giving businesses a single proposition that works across all channels, with us partnering with the businesses as they start, manage, and grow their operations,” stated Nyawo.

“Whether it is a POS device, mobile phone, or e-commerce site – everything is interconnected, giving businesses the tools that they need to manage their operations from one platform, with full visibility and free access to valuable business insights.” Nyawo added.