KUALA LUMPUR: GHL Systems is a key beneficiary of the growing regional acceptance of mobile wallets, CGS-CIMB Equities Research said as e-wallets made up 11% of its total processing value (TPV) in 1H19 versus 6% in 1H18.
The research house project a 20% TPV CAGR between 2018 and 2021F driven by a growing merchant base and new product mix, such as mobile wallet.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!