E-payment industry set to grow in Asean says GHL
Technology will effect numerous players in e-charge environment -- consumers, traders, payment carrier vendors and banks In Malaysia, small merchant phase will possibly revel in the largest increase for e-bills in 2013 PAYMENT systems issuer GHL Systems Bhd believes that industry in the course of Asean will enjoy above-average growth over the subsequent two to 3 years as a result of developments in generation. “Technology has truly driven the evolution of quicker and safer digital bills. We have come a long manner from the days whilst we used guide credit card swiping machines to produce carbon copies of credit score card slips,” its organization leader executive officer Raj Lorenz (%) . “Today, credit card records is transmitted electronically to the card-issuing bank in seconds for approval. Also, the statistics is encrypted before it's miles transmitted thereby ensuring that the records is safe. “These tendencies have helped enhance consumer self assurance and endors...