GHL Partners Visa to be First in ASEAN to introduce Visa Instalments

4 May 2021

GHL Partners Visa to be First in ASEAN to introduce Visa Instalments 

Key Highlights:
  • GHL Group’s online payment gateway is the first in ASEAN to partner Visa to provide Visa Instalments
  • Consumers using Visa cards from participating banks can now spread their total online purchase amount into a number of instalments within a defined time period. 

KUALA LUMPUR, Malaysia – GHL Systems Berhad has embarked on a partnership with global payments technology company, Visa to be the first in ASEAN to introduce Visa Instalments (VIS) for clients using its eGHL Payment Gateway platform. 

Visa Instalments aims to enhance the payment experience by offering consumers an option to spread their total online purchases into a number of instalments within a defined time period. Visa’s technology enables participating sellers to check a consumer’s eligibility for installment plans offered by their card issuer at checkout. If eligible, the customer can view the offer on the screen, either on a payment terminal in store or checkout page online, and select to complete a purchase in installments.

GHL Group is the first online payment gateway in ASEAN to be integrated with Visa Instalments, making consumers’ big ticket spend more affordable, while enabling merchants to achieve higher sales conversion. Over 2,500 existing eGHL online merchants across Malaysia would be able to offer their customers instalment options through this new VIS service. The solution will be made available to GHL face-to-face merchants in the next phase. 

Sean Hesh remarked, “GHL is excited to be the first in ASEAN to be integrated to Visa Instalments API to provide seamless shopping experience and expand consumers’ purchasing power, especially when it comes to bigger ticket items. The payment flexibility is just the beginning of many of our continuous efforts and innovative solutions that we hope to grow with Visa here onwards and we will introduce this solution to our other markets such as Thailand, Indonesia and the Philippines in the coming year.”

“Kim J. Hak, Head of Products for Visa Malaysia highlighted, “Visa Instalments empowers consumers the ability to choose how they pay upon checkout, and simplifies the current friction and time-consuming instalment process for buyers and sellers. We’re extremely excited to partner with GHL to integrate our API with their payment gateway and offer this solution to thousands of online merchants. We will be working with our issuer partners to enable this solution for Visa cardholders shortly so that they can make instalment payments with eGHL merchants.” 

As one of the leading online merchant acquirers in ASEAN, GHL’s online payment gateway, eGHL, presently processes over MYR850 million in total online transactions value per month across diversified range of business, across merchants of all types and sizes. In addition to flexible payments, eGHL and Visa will jointly continue to develop and bring innovation to the instalment payment solution – which is not only a win for consumers, but for merchants as well.