UOB Malaysia partners Plenitude Solutions, Visa for procurement solution


From left: JX Nippon Oil and Gas Exploration (Malaysia) Ltd managing director Yasuto Ariga, UOB Malaysia deputy CEO Ng Wei Wei, Plenitude Solutions chairman Datuk Mohamad Razali Mohamad Rahim and Visa country manager for Malaysia Ng Kong Boon.

KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has partnered with Plenitude Solutions and Visa to develop the country’s first end-to-end procurement solution to help local businesses manage cost efficiently and raise productivity.

“The UOB Visa Payables Automation (VPA) suite enables companies to procure goods with Plenitude Solution’s e-procurement solution and to pay their vendors through UOB’s virtual Visa commercial credit card account, even if these vendors do not accept card payments,” UOB Malaysia said in a statement Friday.

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