KUALA LUMPUR, Sept 28 (Bernama) — Censof Holdings Berhad announced today its joint venture with Green Packet Berhad into integrated payments and fintech solutions through T-Melmax Sdn Bhd, a payment processing technology company owned by Censof Holdings Bhd, a company that specializes in financial management software solutions.
The acquisition also marked the establishment of a new joint venture between Censof Holdings Berhad and Green Packet Berhad as they worked together towards a joint vision of transforming T-Melmax into a digitally driven, real time multi-layer reporting preferred payment gateway service provider. Their move is strategic as they will be able to fill the gap in the market for SMEs, state government programs and enterprises who are looking for a one stop provider that is able to combine the power of real time cashless payments and accounting into a truly integrated seamless solution with end to end financial reporting analytics.