Leading payment solutions provider GHL Systems Berhad (GHL) has formed a strategic partnership with Arab Financial Services (AFS), a prominent digital payment solutions provider, to process merchant transactions in Thailand. The collaboration will enable GHL to leverage AFS’s expertise in payments technology and value-added services, resulting in enhanced efficiency, security, and user experiences for GHL’s merchants.
KUALA LUMPUR, 10 July 2023 – GHL Systems Berhad (GHL), the leading payment solutions provider in ASEAN, has announced its strategic collaboration with Arab Financial Services (AFS), the foremost digital payment solutions provider and fintech enabler in the Middle East and Africa. The partnership will see AFS processing merchant transactions for GHL in Thailand, leveraging their expertise in payments technology and value-added services.
Under this collaboration, AFS will provide GHL with its Acquiring Platform as a Service and a range of value-added services, including authorization and clearing for instore and eCommerce transactions, dispute management, fraud prevention, and data analytics. This move aims to enhance GHL’s merchant payments processing capabilities and deliver greater efficiency, security, and user experiences for its merchants in Thailand.
Samer Soliman, Chief Executive Officer at AFS, expressed his enthusiasm for the collaboration, stating, “We are thrilled to partner with GHL, combining the expertise of two strong organizations to drive innovation and expansion in the payments sector. Our entry into the Southeast Asian market is a significant milestone, aligned with our commitment to digital payments transformation across markets. Working alongside GHL, who shares our vision of payments innovation, we remain dedicated to providing reliable and secure next-generation payment processing solutions that bring added value to our clients.”
GHL’s merchants in Thailand will benefit from the adoption of AFS’s acquirer payment processing platform, which guarantees increased efficiency, robust security, and reliability, along with cutting-edge user experiences. AFS, recognized as the preferred partner for banks, financial institutions, and merchants across the region, brings a proven track record and expertise in digital payments technology solutions and innovation.
Sean Hesh, Executive Director & Group Chief Executive Officer at GHL Systems Berhad, expressed his delight about the collaboration, stating, “We are delighted to join forces with AFS, a company renowned for its digital payments technology innovation, industry knowledge, and expertise. By leveraging AFS’s capabilities, we are confident in delivering next-level solutions that elevate the experience for our valued merchants. We are excited about the transformative impact this collaboration will bring to our organization and the satisfaction of merchants and consumers alike.”
Regulated by The Central Bank of Bahrain and majority-owned by Bank ABC, AFS offers a wide range of ground-breaking end-to-end digital payment services and solutions. Their comprehensive offerings include debit, credit, and Islamic card processing, merchant acquiring, fintech solutions, and a suite of state-of-the-art value-added services. AFS, known for its commitment to innovation, operates offices and data centers in Bahrain, Egypt, Oman, and the UAE, delivering trusted and high-quality payment solutions that cater to businesses of all sizes.