KUALA LUMPUR (July 18): Revenue Group Bhd is collaborating with Hong Leong Bank Bhd to offer payment acceptance and services to Singapore's NETS cardholders to shop in retail outlets under GCH Retail (Malaysia) Sdn Bhd and Guardian Health And Beauty Sdn Bhd.

GCH and Guardian Health and Beauty are among the largest retail operators in Malaysia, operating Giant, Cold Storage, Mercato, TMC, Jasons Food Hall, G Express, Shop Smart Retail and Guardian.

In a statement, Revenue managing director and group chief executive officer Eddie Ng Chee Siong said the NETS payment acceptance is currently being piloted at eight Giant stores, one Cold Storage store and nine Guardian outlets in Johor and one Guardian outlet in Malacca, effective July 15, 2019.

"We are committed to the development of innovative product and solution that will help our customers to grow their business. The payment acceptance of NETS is another example of such effort undertaken by our company and it provides an additional payment option to both our customers and cardholders.

"Moving forward, we will work closely together with our key customers to enable the NETS payment acceptance and enable NETS cardholders to enjoy the convenience of using NETS card to shop in Malaysia," said Ng.

The company pointed out that Singapore remains the top country in terms of tourist arrivals in Malaysia, therefore the acceptance of NETS will provide these tourists a convenient way to pay when they shop in Malaysia.

"One of the compelling reasons for consumers and merchants to go cashless is convenience, thus it is important to ensure that the convenience enjoyed by NETS cardholders in Singapore is extended seamlessly when they shop in Malaysia.

"The partnership with Revenue and NETS is a testament of the bank's focus in delivering excellent customer and merchant experience and convenience through cashless payment services," said Hong Leong Bank managing director of personal financial services, Charles Sik.