Gkash and Credit Bureau Malaysia Enter Strategic Partnership

Published: 30 May 2024
Category: Partnership

Building a More Connected Financial Ecosystem

Gkash Sdn Bhd (Gkash) and Credit Bureau Malaysia Sdn Bhd (CBM) have entered into a strategic partnership, formalised through the signing of a Memorandum of Collaboration (MOC).

The partnership brings together Gkash’s expertise in payment gateway services and CBM’s capabilities in credit reporting, with the shared objective of improving financial accessibility and supporting greater efficiency across financial services in Malaysia.

By combining expertise from the payment and credit sectors, both organisations aim to explore opportunities that can better support businesses, merchants, and customers in an increasingly digital financial landscape.

Combining Payment Technology with Credit Insights

Digital transactions continue to generate new opportunities for businesses to access more efficient financial services.

Through this partnership, Gkash contributes its payment gateway capabilities, while CBM provides its expertise in credit reports and credit information.

The collaboration aims to explore the use of alternative data to help bridge financial gaps and make payment services more accessible.

This combination of payment technology and credit insights creates opportunities to develop a more connected and inclusive financial ecosystem.

Supporting Seamless Merchant and Customer Onboarding

A key focus of the partnership is to improve the efficiency of merchant and customer onboarding.

Through CBM’s credit reporting capabilities, relevant information can support quicker and more efficient decision-making during onboarding processes.

Combined with Gkash’s payment infrastructure, the partnership aims to create a more seamless experience while supporting businesses as they adopt digital financial services.

Advancing Financial Inclusivity in Malaysia

As Malaysia’s digital economy continues to evolve, accessibility to efficient financial and payment services remains important for businesses of all sizes.

The strategic partnership between Gkash and Credit Bureau Malaysia reflects a shared commitment to promoting greater financial inclusivity by combining complementary expertise from the payment and credit reporting sectors.

Through technology, data, and industry knowledge, both organisations aim to contribute towards improving the overall efficiency and accessibility of financial services in Malaysia.

Strengthening the Digital Business Ecosystem

At Gkash, we believe strategic partnerships play an important role in creating a stronger and more connected digital ecosystem.

By working with established organisations such as Credit Bureau Malaysia, Gkash continues to explore opportunities that go beyond payment acceptance and help businesses participate more effectively in the digital economy.

This partnership represents another step in our commitment to delivering secure, accessible, and innovative payment solutions while creating greater value for merchants, businesses, and customers.

Looking Ahead

The signing of the Memorandum of Collaboration marks an important milestone in the relationship between Gkash and Credit Bureau Malaysia.

Moving forward, both organisations will continue to explore opportunities that leverage payment technology, credit information, and alternative data to improve accessibility and efficiency within Malaysia’s financial ecosystem.

Gkash looks forward to strengthening this partnership and contributing towards a more inclusive and digitally connected future.

About Gkash

Gkash Sdn Bhd is a Malaysian fintech company incorporated in 2012, providing unified payment solutions with a focus on SMEs and corporate businesses.

Through our payment technologies and services, Gkash is committed to helping businesses simplify payment acceptance and embrace digital transformation through secure, reliable, and accessible payment solutions.