This GHL and Sabuy Technology tie-up will offer convenience to consumers and merchants of both parties as these various payment services and solutions of Sabuy Technology will provide wider service offerings at more locations. Sabuy Technology will stand to benefit from GHL's Smart Android EDC Terminal purchase and expand its own reach to more than 10,000 of GHL's TPA touchpoints presently throughout Thailand, spread across a myriad of businesses; from food & beverage, telecommunication, retail, beauty & spa, etc.
Ms.Napaporn Wilaikit, Country CEO of GHL Thailand said 'We are excited with this collaboration, as it will widen our EDC terminal offerings to selected GHL Merchants with Sabuy Tech's services. We are also looking forward to help Sabuy Tech expand its merchant network to new customer segments, especially among merchants using SABUY POS. The combination of technology between Sabuy and GHL will create a unique product offering that complements customers' needs and convenience.'
Mr.Chookiat Rujanapornpaje, Chief Executive Officer of Sabuy Technology Public Company said 'Both Sabuy Technology and GHL Systems look forward to exchange of knowledge and technology for the mutual gain of both parties. We foresee more value added services in the pipeline to bring to the table through this collaboration. In addition to performing electronic customer identification (e-KYC), SABUY MONEY system will look to add international money transfers as part of its services, which would be available to GHL merchants for their customer's offerings soon.'
About GHL Group
As ASEAN's leading payment solutions provider, GHL's reach spans across 6 countries; Malaysia, Philippines, Thailand, Indonesia, Singapore and Australia - stretching over a vast footprint of 383,600 payment touchpoints across the region. GHL prides itself as a one stop provider for both offline and online e-payment solutions, with over 27 years of expertise.
GHL is the leading payment acquirer in ASEAN for over 100 global and regional payment schemes and channels, processing over RM1.5 billion payment transactions per month. Apart from being Malaysia's largest prepaid credit top up and bill collection network, GHL aspires to catalyse sustainable livelihood of the Micro Small Medium Entrepreneurs (MSMEs) through financial and non-financial value-added services.
Winner of prestigious Asia's Corporate Excellence and Sustainability Award 2019 as Asia's Best Performing Company as well as The Edge's Billion Ringgit Club Award, GHL is a listed company with a market capitalization of over RM 1,975 Billion @ 31 March 2021. GHL has been listed on Bursa Malaysia since 2003. (www.ghl.com)
About Sabuy Technology
Sabuy Technology Public Company Limited, The Thailand Tech-company which provide tech-services, making payments convenient to all communities. The first business, Sabuy provides online top-up machine/kiosk under the name of "AJ Termsabuy" in Nationwide. All services include such as Mobile top-up, Bill Payment, Banking Agent for Money transferring and Deposit services, Pay Utility Bills and etc.
The new success of Sabuy Technology is vending machine business called 'Vending Plus'. Now it has over 6,000 kiosks located in 21 provinces of Thailand. There are a variety of products sold in vending plus for example fabric mask, snack, beverage, gadget product and innerwear.
Early 2021, Sabuy tech launches SABUY POS (SBP), SABUY EXCHANGE (SBX) and SABUY MONEY e-wallet (SBM). All services are provided for retail merchants in SABUY POS system. Its supports SBM e-wallet, variety e-wallet payments and CRM loyalty program add-on in POS. SABUY has been listed on stock exchange of Thailand since Nov,2020. (www.sabuytech.com)
Source: Brand Wealth