KUALA LUMPUR: Virtualflex Sdn Bhd, a wholly-owned subsidiary of Johor Corp (JCorp), has accepted an offer from ManagePay Services Sdn Bhd (MPay), a wholly-owned subsidiary of ManagePay Systems Bhd (MPay Systems), to collaborate on the nationwide deployment of credit card machines.
In a filing with Bursa Malaysia, MPay Systems said the deployment was to roll out more than 3,000 terminals to one of the franchise owned by Johor Corp.
Virtualflex would acquire MPay Corporate MasterCard prepaid cards issued by MPay.
MPay would share the earnings with Virtualflex. – Bernama