In case anyone was wondering who MYP1 is, a reminder from earlier announcement from IOU back on April 6th....
About MYP1
MYP1 is a major payment industry service provider in Malaysia and South East Asia with an exclusive focus on the supply, deployment, installation and maintenance of the latest state-of-the-art Point-of-Sales (POS) terminals and related ancillary equipment.The Group is actively involved in the fulfilment of these products and services for various credit and debit card payment and Quick Response (QR) payment operators, providing merchants with fixed line, mobile, virtual and contactless Smart POS terminals. MYP1 was established in 2015 by SEA online payments entrepreneur Chris Lee who has 20 years’ experience in master merchant acquiring services for major banks, non-bank financial institutions and e-wallet operators.In partnering with MYP1, IOUpay is working with an established Group that has more than 15,000 card and QR payment acceptance merchants nationwide across Malaysia and has successfully deployed, installed and maintained over 50,000 Smart POS terminals to date. This includes rollouts for clients such as Alliance Bank, Bank Islam, Bank Muamalat, GRAB, AliPay, WeChat Pay, U Mobile and Sinopay for their acquiring of China Union Pay transactions.Mr Khong Kok Loong (IOUpay CEO) commented: “MYP1
represents a unique opportunity to fast track our market penetration
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