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Malaysia Biggest Sports Retailer Al-Ikhsan Partners Pine Labs

The fully integrated tech stack of payments, wallets, gift cards, and Buy Now Pay Later (BNPL) by Pine Labs is a solution in use by some of the top retailers across Asia, said a joint statement.

(PTI) Leading merchant commerce platform Pine Labs on Wednesday said it has deployed its point of sale (PoS) solutions across the 136 stores of Al-Ikhsan, the biggest sports retailer in Malaysia.

The fully integrated tech stack of payments, wallets, gift cards, and Buy Now Pay Later (BNPL) by Pine Labs is a solution in use by some of the top retailers across Asia, said a joint statement.

The coming together of the two entities will provide affordable installment purchase options to sports enthusiasts in Malaysia and enable a seamless in-store payment experience as well.

Pine Labs has a commanding 95 percent market share of offline BNPL services in India and through its subsidiary, Pine Payment Solutions has launched BNPL in Malaysia. Al-Ikhsan is Malaysia’s biggest sports retailer in operation since 1993 and is an exclusive retail partner for Liverpool Football Club (LFC) in Malaysia.

Source: Business World

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