KUALA LUMPUR (September 14): Payment touchpoints at GHL Systems Bhd, a payment solution provider in Malaysia, Thailand, the Philippines and Indonesia, now give consumers the “Buy Now, Pay Later” (BNPL) option As GHL partners with BNPL platform Atome expands its payments offering across the region.

In a statement today, the group said the regional partnership allows more merchants in Malaysia, Thailand, the Philippines and Indonesia to serve consumers BNPL payment options, and meets the growing consumer demand for deferred payment methods.

This alternative payment solution will further improve the shopping and payment experience for customers while maintaining local retailers and businesses across the region with increasing sales in the midst of the Support retail crisis during Covid-19 pandemic, said the group.

“The pandemi The relocation to online shopping has created an urgent need to improve & to enhance the e-commerce customer experience.

“This partnership will enhance the payment experience across thousands of POS at the point of sale with the right selection to expand payment options across the GHL dealer network in the region, ”said Sean Hesh, Group CEO of GHL.

The group added that merchants in Malaysia and Singapore who have chosen Atome’s BNPL are consumers With the ability to split their purchases into three simple monthly payments with no interest, their ticket orders increased on average by 17%.

This BNPL option not only increases order value, but also promotes customer loyalty by it makes shopping more affordable, said GHL.

“Our regional partnership (with GHL) will help merchants offer consumers great shopping – and enable the checkout experience both in stores and online websites, which in turn will accelerate the growth and recovery of the retailer business as we overcome the Covid-19 pandemic, “said Atome CEO David Chen.

GHL’s shares closed three sen or 1.59% lower today at RM 1.86, for a market capitalization of RM 2.12 billion.

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Ref: https://www.theedgemarkets.com