Revenue Group shares rise 4% on partnership deal

KUALA LUMPUR: Revenue Group Bhd rose 4% in early trade Friday on news of its partnership with Public Bank Bhd to to launch the all-in-one digital payment platform.

The counter, among one of the most active,  gained 4%, or five sen to RM1.30 with 11.29 million shares traded.

Public Bank has teamed up with Revenue Group to launch the all-in-one digital payment terminals which will be made available on Friday.

The payment terminal, developed by Revenue, will enable the physical retail merchants to accept both card payments and mobile wallet payments in a single digital payment terminal.

The terminal is powered by the Android operating platform and it has a wide range of connectivity, including 3G, 4G, WiFi and Bluetooth networks.

It comes with a high definition colour touch screen display and a super fast thermal printer. It also generates electronic transaction reports every business day to enhance operational efficiency.