英文标题：GHL starts merchant acquiring for UnionPay International
UnionPay International (UPI) is pleased to announce that GHL Cardpay Sdn Bhd, a wholly owned subsidiary of GHL Systems Berhad (“GHL”), has been appointed as a direct merchant acquirer for UnionPay International for the Malaysian market.
UPI focuses on the international business of UnionPay, a global payment brand that serves the world’s largest card base of over 7 billion. In Southeast Asia, UnionPay has enabled ATM, POS acceptance and card issuance across all 10 countries. In Malaysia, UnionPay collaborates with over 10 partners for acquiring and issuing locally.
In April 2018, UPI announced that it has kick started the nationwide deployment of the EMV-compliant QR Code for payments in Malaysia, working with various acquirers for the first large-scale deployment of QR Code for payments locally. The national roll-out will cover a wide range of merchants across retail, food & beverage, attractions, entertainment, hotels, transport categories and more.
GHL has commenced merchant acquiring for UPI and is expected to hit 5,000 merchant outlets by August 2018. GHL will be enabling merchants to accept both UnionPay card payments and QR Code payments.
GHL’s Group CEO Danny Leong said, “We are pleased to partner UPI in enabling Malaysian merchants to add another payment channel to the existing card schemes, debit scheme and various e-wallets. Our unique multi-channel acquirer model will enable convenience and cost savings to our merchant base as they will be able to streamline their settlement to a single point and provider.”
“We are privileged to have a forward-looking partner like GHL to enable e-payments across Malaysia. This is in line with our earlier announcement to enable QR Code payments locally to support Bank Negara’s vision of a cashless society. This also affirms our commitment to bringing innovative payment solutions to Malaysian consumers and businesses to enable greater convenience, security and ease of payment,” said Mr. Wenhui Yang, General Manager, UnionPay International Southeast Asia.
In The Philippines, a range of UnionPay Credit, Debit and Prepaid Cards are issued by Banco de Oro, Bank of China, Omnipay, Philippine National Bank and RCBC Bankard. UnionPay International partners major local acquirers in The Philippines to enable card acceptance for both online and POS merchants. UnionPay Cards are accepted across major retail, lifestyle, hotel and F&B merchants.