GHL to provide TPA services to CIMB Bank

KUALA LUMPUR: Asean payment service provider GHL Systems Bhd yesterday inked an agreement with CIMB Bank Bhd to provide payment facilitator or third-party acquisition (TPA) services to the latter. This is GHL's first TPA signing with a Malaysian bank. GHL plans to acquire between 3,000 to 4,000 merchants on behalf of CIMB Bank in the first year and this will enable the merchants to accept payments from various international card associations.