Despite ongoing economic hardships, South Africa still offers numerous opportunities for businesses of all sizes – and one of the first steps in establishing a successful business is to open a business account.

Some of the advantages of opening a business account include the separation of personal and business finances, increased credibility and safety, and gives you access to business banking services.

One of the cheapest and most flexible accounts afforded to entry-level South African businesses and entrepreneurs is the Pay-As-You-Use (PAYU) business account.

This type of account offers a flexible and cost-effective solution for small businesses. Several South African banks offer a PAYU business account, and some of the advantages of this account include the following. Click here to read full article