MEPS upbeat on Inter-bank Giro transactions


THE volume of Inter-bank Giro (IBG) transactions, which has been growing at a compounded growth rate of 120% in the past four years, is expected to maintain double-digit growth this year, said Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) managing director Datuk Mohd Hata Robani. 

He said the company recorded, on average, around 25,000 IBG transactions daily this year. 

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