3 Differences between Business Funds and Ordinary Funds, Did You Know?

Existence Business Fund makes many people including you may wonder what is the difference between a Business Fund and a regular Fund. This article will discuss the three differences between the two Dana Indonesia products.

If you are a business actor who wants to use Business Funds for the smooth running of your business transactions, at the end of this article you will also find information on how to register for Business Funds.

Difference between Business Fund and Ordinary Fund

Business Fund is the latest feature of Dana Indonesia which is specially created to facilitate MSMEs or other types of individual businesses in terms of payment and business financial management. You can find this Business Fund in the Funds app.

Because Business Funds are made specifically for business needs, of course Business Funds have features that are not available in ordinary Funds. What are they? The following are three things that are the difference between a Business Fund and a regular Fund.

Indonesian Standard QR (QRIS)

In ordinary funds, you can only receive payments through other funds because the QR code on ordinary funds is not an Indonesian standard QR or QRIS. While the Business Fund has used QRIS. So, you can accept payments through other applications.

In fact, if you do upgrade Business Fund to level Gold, you can accept payments via bank card and virtual accounts.

Nearby Features

The Fund adds several features to the Business Fund that are not present in the regular Fund. One of them is feature Additional. This feature shows your location feature as merchant on the map. So, customers or other users can know the existence of your business.

Apart from features Additional, there are many more features in the Business Fund that will facilitate the payment process for your business. You can see those features in the video below.

Video Features of Business Funds by Dana Indonesia

https://www.youtube.com/watch?v=iHGcupgahGk

Balance Storage Limit

For your business balance storage needs, you certainly need a digital wallet account with a large balance limit. For regular Dana accounts, the balance limit is only IDR 2.000.000 or IDR 10.000.000 for Premium Fund accounts.

In Business Funds, you can get a balance storage limit starting from Rp. 5.000.000/month to Rp. 200.000.000/month depending on your Business Fund account level.

How to Register a Business Fund

If you are interested in using a Business Fund because it suits your needs as an entrepreneur, then you can register a Business Fund account by following the method below. However, make sure beforehand that you have upgrade ke Premium Fund because if you haven't upgrade, You cannot register for Business Funds.

• Open menu Skirt on app Days.

• Click Register Business Fund Now.

• A display will appear showing the various benefits of being a Business Fund. Click Register Business Account.
• Then, enter your business information. These include your business name, type of business, complete business address, city of place of business, operating hours, business social media, your name as a business owner, business owner's address, and NPWP (not mandatory).

• Then, click Continue.
• Next, enter product photos and photos of your place of business. Click Continue for Approval.
• Next, read and understand the terms that apply to Business Funds.
• If you have, click Continue for Approval.
• Your application for registration is processed. Wait for registration approval up to a maximum of 2 days. You will get a notification also your registration is approved.

That's the difference between a Business Fund and an ordinary Fund and how to register a Business Fund for those of you who are interested. As a business person, you certainly have to keep up with the current developments of the era that is now completely digital. One way is by upgrade how you do business using Business Funds.