Ingenico and GHL ink a deal to expand GHL's customer base with a long-term Partnership agreement to boost payment experience in Malaysia
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06 September 2022       

Ingenico and GHL ink a deal to expand GHL's customer base with a long-term Partnership agreement to boost payment experience in Malaysia

Key Highlights:
  • Ingenico, a Worldline Brand and Paysys (M) Sdn Bhd, a wholly owned subsidiary of GHL Systems Bhd ink a mutually beneficial agreement whereby Ingenico will sell some of its business and customer assets in Malaysia to GHL.
  • The new operating model will leverage Paysys’ extensive market knowledge and Ingenico's broad range of payment solutions to open up new opportunities with more customers and unlock new payment experiences.

Paris, Kuala Lumpur: Ingenico, a Worldline Brand and Paysys (M) Sdn Bhd, a wholly owned subsidiary of GHL Systems Bhd. combine their business strengths to address the Malaysian payment market.  In this mutually beneficial agreement, Ingenico will sell some of its business and customer assets in Malaysia to GHL. By creating this new operating model, Ingenico will reinforce its presence in Malaysia leveraging Paysys’ extensive market knowledge and bring Ingenico's broad range of payment solutions to open-up new opportunities with more customers and unlock new payment experiences.


Paysys will commit to provide customers in Malaysia, Ingenico’s payment solutions, supplying hardware and software services. Ingenico will also provide Paysys with access to terminal management and professional services, and the deployment of its latest smart POS terminal AXIUM DX8000. The Android-based terminal offers a best-in-class digital experience while optimising performance, productivity and security, meeting Malaysia's consumer demand for advanced digital payments. Paysys will have the opportunity to join Ingenico’s PartnerIN programme, which would allow access to Ingenico’s technical, business, and go-to-market resources. 


Frank Leong, Paysys’ Chief Operating
Officer, said, “We believe this agreement marks another step towards offering innovative payment solutions and options for the payments sector, which presents a win-win situation for both merchants and consumers. Over the past two years, the payment landscape has transformed significantly and this partnership enables businesses to sustain their competitive advantage while ensuring the consumer needs of flexible and secure payment methods are met.”


Nigel Lee, Ingenico's Senior Vice President for Asia Pacific, said, "Building on our last 6 years in Malaysia, the agreement represents an expanded relationship between Ingenico and Paysys to provide value and meet customer demand as the young and growing technology-friendly population across ASEAN adopts digital and alternative payment methods. We are delighted to partner and expand with Paysys enabling them to deliver complete, integrated and advanced payment solutions to the region's customers and proud to support them in their growth journey."


With this partnership, Paysys is well positioned to play a key role in growing and developing the sector in Malaysia and benefitting from the changing and fluid payment space. This aligns with Ingenico's ambition to strengthen its position as an ecosystem enabler empowering commerce across all channels, simplifying payments and delivering innovative customer journeys.