GHL (Thailand) partners TrueMoney to expands QR payment at COCA & Mango Tree outlets

          GHL Systems Berhad ("GHL"), ASEAN's leading payment service provider, through its 100% subsidiary GHL (Thailand) Co., Ltd has joined hands with TrueMoney to expand QR payment for TrueMoney e-wallet through GHL's all-in-one EDC terminal among Thai merchants and business outlets nationwide. This partnership will benefit 12 million TrueMoney users nationwide as this increases the places where TrueMoney e-wallet is accepted.
          TrueMoney is part of Ascend Money Co., Ltd., a leading fintech company in Southeast Asia providing innovative payment and financial services across the region. Through the TrueMoney e-wallet application, the company provides services that makes everyday payments easier and more convenient: money transfer, mobile and internet top-up, bill payment, digital content, online and offline shopping at leading merchants and retail stores nationwide.
          "GHL is glad to join TrueMoney to expand our e-payment platform to a larger group of Thai consumers and to support Thailand in becoming a cashless society. As of Dec 2019, GHL Thailand manages a network of 62,800 epayment touchpoints throughout the country and we have commenced onboarding merchants to accept TrueMoney Wallet such as Coca Restaurant, Mango Tree Restaurant, for instance and will continue to expand through the year." added Ms. Napaporn Wilaikit, GHL Thailand's country head.
          "With GHL's nationwide touchpoints terminals and merchants in its network, we believe this partnership would help enlarging national digital financial inclusion and increasing business potentials of these merchants by connecting them to millions of user base on our safe and convenient financial platform. The expansion would also offer our users seamless everyday payment experience anytime and anywhere, making TrueMoney the most preferred everyday mobile wallet for everyone", said Mr. Nirun Fuwattananukul, Head of Commercial, TrueMoney Co., Ltd.
          Ms. Natalie Phanphensophon COO, COCA Holdings International Co., Ltd. said "We operate restaurants under COCA and Mango Tree brands. We are very pleased to partner with GHL Thailand and True Money Wallet to provide QR payment acceptance to our customers. This is a great opportunity to encourage cashless payment systems at our restaurants, which not only helps us to manage payments easier but also efficiently and also provide the convenience and safety for our restaurants and customers"

          About the GHL Group
          GHL Systems Berhad ("GHL") is ASEAN's leading payment service provider with key operations in Malaysia, Philippines, Thailand, Indonesia, Singapore, Cambodia and Australia. GHL provides world-class payment services and solutions encompassing physical, Internet and mobile payments on a sale, rental or transactional basis and is one of the top merchant acquirers in the region.
          GHL manages more than 397,500 point of sales in ASEAN that enables credit card, debit card, e-Wallets, contactless payment, loyalty, prepaid top up as well as bill payment collection services. As part of our "Beyond ASEAN" strategy, GHL has also successfully established a client base in more than 20 countries.
          GHL has been listed on Bursa Malaysia since 2003. The group's market capitalization as at 21st February 2020, was RM1,191 million.
          For more information on GHL Group kindly visit www.ghl.com