Maybank aims 20% growth from SMEs card merchants in 2015


KUALA LUMPUR: Malayan Banking Bhd (Maybank) is expecting a 20% growth in billings from small and medium enterprises (SMEs) card merchants this year, boosted by the new mPOS service.

Maybank group executive vice president and head of cards B. Ravintharan said this was in line with the group's strategy to promote cashless transaction in the SME segment.

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