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16/03/2011 -
One of the leading electronic payment solutions companies recently announced that it planned to purchase more electronic data capture/point-of-sale terminals to attract more business.In a recent interview with StarBizWeek, Malaysia-based ManagePay Systems CEO Chew Chee Seng said that the new purchases would help retailers and financial institutions throughout the country in the coming months with its service for clients like EON Bank and Maybank.
"The new terminals will boost ManagePay's capacity in supporting and servicing merchants nationwide, helping us to get more customers," he told the news source. Chew went on to say that there were still a number of stores in the country "without the ability to accept card payments."
The plan to increase the number of payment processing devices comes ahead of the firm's listing on Bursa Malaysia's ACE Market. The news source reports that the company will use the money from the IPO to support the purchase of new equipment.
According to its website, the company was established in 2000 to help provide businesses with technology solutions. It also provides consultancy services and smart card technology to clients.
