JCB and GHL expand payment options across Malaysia, Thailand and the Philippines
GHL Systems Berhad (GHL) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s leading international payment brand (JCB) have officially announced its strategic partnership, enabling the acceptance of JCB Cards for GHL’s merchants in Malaysia, Thailand and the Philippines.
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This regional collaboration represents a significant step forward for both companies, aiming to empower merchants and shoppers across these regions with enhanced payment convenience.
With JCB's extensive global presence and card network, this partnership adds another dimension to GHL's payment solutions. GHL merchants will seamlessly accept JCB Cards, offering a smooth payment experience for JCB cardmembers.
With GHL's merchant network stretching over a vast footprint of over 480,000 payment touchpoints, spanning various sectors across Malaysia, Thailand, and the Philippines, this partnership holds the potential to significantly increase JCB Card usage and accessibility. Through this partnership, the entire region can benefit from greater flexibility and the fostering of stronger business relationships between merchants and customers alike.
The tourism industry is projected to return to pre-pandemic levels by the end of 2024, with international tourism levels expected to surpass pre-pandemic figures. This resurgence is primarily driven by a stronger recovery in Asia, according to a report by the UN World Tourism Organization.
Sean Hesh, Executive Director & Group Chief Executive Officer at GHL said, "This partnership not only reinforces our dedication to innovation and delivering seamless payment solutions but also highlights our commitment to simplifying payments regionally. With GHL poised to expand payment options at the merchant’s point of sale, businesses are empowered to better accommodate the anticipated surge in inbound tourist spending in 2024 and beyond."
Hiroko Michishita, Managing Director, JCB International Asia Pacific said, “This is a milestone for JCB’s business expansion in the region since GHL has a strong presence as well as ambition to grow further in acquiring business. Leveraging this partnership, we will be able to better serve our cardmembers from across the globe with enhanced card acceptance points. In addition, our confidence in this partnership is strengthened as GHL utilizes the JCB Payment Gateway* powered by Soft Space.”
The rollout is set to begin in Malaysia in the third quarter of 2024, followed by Thailand and the Philippines.