GHL Ties up With Loanstreet to Offer Online Road Tax and Insurance RenewalJanuary 18, 2021
Payments firm GHL has expanded its service offerings to include road tax and vehicle insurance renewal service with a recent tie up with Loanstreet, a Malaysian financial market place. On the heels of the launch of GROW by GHL, offering a myriad of both financial and non-financial products, GHL Systems adds more value-added services in addition to payment acceptances.
In addition to the Road Transport Department (JPJ) and other service providers offering vehicle road tax and insurance renewals, consumers can now also renew online via GHL’s GROW platform and Loanstreet.
The company said that this service enables end-to-end road tax and insurance delivery services right to consumer’s doorstep for a quick and hassle-free process.
The insurance package is customisable for any additional coverage add-ons ranging from windscreen, natural disasters (flood) to liability claim from passengers. Consumers will reportedly be able to compare the multiple options available in the market on a single page before making their choice.
Sean S. Hesh, Group CEO of GHL Systems Berhad said,
“We are delighted to keep on diversifying our offerings above and beyond payment acceptance services. Online road tax and insurance renewal gives consumers choices and options and forms part of our strategy to expand our value added services (VAS) offerings to our merchant base as well as to the public at large.”
Robin Ang, Director of Finology (Holding company of Loanstreet) further added.
“Loanstreet was the first website in Malaysia where people could renew motorbike road tax and insurance fully online. We’ve been steadily adding on new products and insurers since then.
Today, we are proud to support GHL’s vision to expand their offerings to the public and enable this for GHL’s user base.”
Due to the COVID-19 pandemic and Movement Control Order (MCO), the JPJ and post office’s capacity to handle physical renewals are impacted due to tighter standard operating procedures (SOP) on social distancing.
This move allows for renewals to be done without the risk of physical exposure.
Featured image credit: edited from Unsplash