GHL Systems to see growth with new partnerships

TheStar Thu, Nov 18, 2021 09:40am - 2 years View Original


The research house added that GHL Systems’ TPV growth will also be reinforced by increasing partnerships momentum, most recently including Lotuss Stores and Atome, within its payments ecosystem.

KUALA LUMPUR: GHL Systems Bhd is well positioned for an accelerated transaction processed value (TPV) growth from the fourth quarter of 2021 (Q4) onwards, with improving visibility on economic recovery and border reopening, according to Maybank Investment Bank (IB) Research.

The research house added that GHL Systems’ TPV growth will also be reinforced by increasing partnerships momentum, most recently including Lotuss Stores and Atome, within its payments ecosystem.

Lotuss Stores (previously Tesco Malaysia) has partnered GHL to boost the retailer’s “Order & Collect” personal shopper service with a wider range of payment options, powering its online payment via the WhatsApp messaging platform. It has upgraded the “Order & Collect” service launched in 2020 to now include a secure online payment option, with cards, e-wallets and online banking linked directly to the WhatsApp chat.

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