PETALING JAYA: Information technology company CUSCAPI BHD has entered into a memorandum of understanding (MOU) with Ipay88 (M) Sdn Bhd for a collaboration to offer competitive solutions to end-customers in the food and beverage (F&B) industry.
Ipay88 is a payment company, providing payment infrastructure.
In a filing to Bursa, Cuscapi said that the signing of the MoU with Ipay88 will enable Cuscapi to leverage on Ipay88’s dominant position in the online and mobile payment space while exploring business opportunities and potential cross selling of Cuscapi’s products to Ipay88’s host of F&B customers.
This MoU is signed for an initial period of one year and may be renewed by mutual agreement between the parties, and it will lapse after one year from the signing date.
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