GHL Systems Bhd, which develops advanced payment software, has installed 2,000 terminals nationwide for Bankcard e-Debit merchants.
Group managing director Tay Beng Lock said the terminals, which facilitated cashless transactions, had been mostly set up at retail outlets, supermarkets and a private colleges to meet the demand for “cashless” payment transactions.
“This is a significant accomplishment, considering that there were only 600 e-Debit terminals deployed a year ago,” he said at the prize presentation for winners of the E-Debit Pay and Win Contest officiated by Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal in Kuala Lumpur yesterday.
Tay said there was growth in the number of consumers using Bankcard e-Debit for transactions and that it presented huge potential for retail merchants to adopt Bankcard e-Debit facilities.
“I’m also pleased to say that our merchants have achieved more than RM1mil in e-Debit transactions per month,” he said.
GHL’s Bankcard e-Debit merchant acquiring business is undertaken by its subsidiary, Card Pay Sdn Bhd, an approved non-bank third-party merchant acquirer for Malaysian Electronic Payment System in the MEPS Cash and Bankcard e-Debit programmes. – Bernama