GHL starts Alipay payment services in Philippines this month

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KUALA LUMPUR (Jan 22): GHL Systems Bhd will commence offering Alipay payment acceptance services to Philippine in-store and online merchants this month.

In a statement today, GHL said the roll out will start with physical merchants this month and eventually extend to e-commerce merchants.

The Philippines marks the third Asean country after Malaysia and Thailand, where GHL has tied-up with Alipay to offer a next generation payment option to merchants.

GHL group chief executive officer Danny Leong said GHL started merchant acquiring for Alipay in Thailand in the second quarter of 2016 and Malaysia in April last year.

"Now with the Philippine market, GHL looks to expanding further to the region as Alipay’s key Asean partner,” he added.

To date, GHL Thailand has enabled over 900 merchant acceptance points while GHL Malaysia has enabled 5,400 acceptance points in the hotel, retail chain stores, convenience stores and food and beverage space.

Alipay is China’s leading mobile and online payment solution owned by Ant Financial Services Group, a related company of the Alibaba Group.

GHL shares closed one sen or 0.66% lower at RM1.51 today, with 394,600 shares done, bringing a market capitalisation of RM985.98 million.