Malaysia’s Next Gen 5G network provider U Mobile has entered into a strategic agreement to transfer its merchant acquiring business, GoBiz, to NTT DATA Cardpay, a subsidiary under NTT DATA Payment Services Sdn. Bhd. (formerly known as GHL Systems Berhad).

U Mobile said in a statement on Monday that this move will enable U Mobile to further strengthen its resources to drive 5G enterprise adoption.

At the same time, NTT DATA Payment Services remains committed to ensuring business continuity for merchants and their customers by maintaining the same level of service, support, and user experience.

As part of its enterprise drive, U Mobile will also look into exploring potential collaborations with NTT DATA Payment Services to enhance digital solutions for the SME market.

By leveraging advancements in 5G, AI, and payment technologies, both companies seek to support businesses in adapting to the evolving digital landscape.

The move is in line with U Mobile increasing focus to spur adoption of 5G and 5G-Advanced (5G-A) by enterprises.

U Mobile is strengthening its resources to develop innovative solutions that will support the digitalization ambitions of enterprises across sectors in the country.

“As the nation’s Next Gen 5G network provider, U Mobile is committed to drive the country towards becoming a digitally enabled high income nation, and 5G adoption by enterprises is a key success factor to that goal,

“U Mobile is looking forward to accelerating enterprise digitalization with artificial intelligence, autonomous technology, internet of things and more and as such, this agreement with NTT DATA Payment Services paves the way for us to fully leverage on our strengths to realise these ambitions, especially for the SME sector,” said Neil Tomkinson, Chief Information Officer of U Mobile.

Meanwhile, Sean Hesh, Group Chief Executive Officer of NTT DATA Payment Services, said that the firm’s partnership with U Mobile marks a significant step in advancing digital transformation for enterprises, particularly small and medium-sized enterprises (SMEs).

“By combining NTT DATA Payment Services’ expertise in payment solutions with U Mobile’s Next Gen 5G and 5G-A technology, we aim to enable businesses with seamless, digital payment solutions that enhance efficiency and growth,

“This collaboration underscores our commitment to driving innovation and supporting businesses in embracing the future of digital commerce,” he added.

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