Green Packet buys 51% stake in Censof’s payment processing firm

Green Packet group managing director CC Puan (pic) said treasury heads, chief financial officers, financial leaders and accounting teams everywhere need to strategically implement different digital tools as soon as possible to reap the rewards of greater productivity, efficiency and value-add for their organisations.

PETALING JAYA: Green Packet Bhd has acquired a 51% stake in payment processing technology firm T-Melmax Sdn Bhd, a company owned by financial management software solutions provider, Censof Holdings Bhd.

In a statement, Green Packet said the acquisition marked a new joint venture between Censof and Green Packet towards transforming T-Melmax into a preferred digitally driven, real-time multi-layered reporting payment gateway service provider.