UOB, digital firm Getz to help Singapore F&B merchants build online presence

Merchants will only need to pay capped transaction fees.

UOB and end-to-end F&B digital solutions firm Getz have partnered to help Singapore F&B businesses build their online storefronts quickly whilst lowering food delivery costs, according to a news release.

Merchants using Getz’s food delivery solutions will only need to pay transaction fees capped at a maximum of 4% of their online sales, a discount of up to 50% from the usual rates. For those without an online presence, the partnership will help them set up their online stores, complete with digital payment capabilities, in less than a week.

Getz will also provide some cash flow relief by allowing merchants to receive payments in two business days. It will also provide solutions such as QR code menus that will allow customers to browse the menu and pay for their meals using a personal mobile device.

In addition, UOB will grant marketing efforts by featuring merchants on The Dining Advisor online marketplace. It will also offer promotional codes to entice cardmembers into patronizing these merchants to help attract customers and build loyalty.