U Mobile launched its GoBiz merchant acquiring business back in 2019, alongside GoPayz, which the telco had described as more than just an ewallet. Now, it looks like the company is letting go of the former, passing it on to NTT Data Payment Services.
In its press release, U Mobile says that this is part of its move to “further strengthen its resources to drive 5G enterprise adoption. In addition to passing Gobiz on to NTT Data Payment Services, the two will also be working together to explore potential collaborations “to enhance digital solutions for the SME market”. All that being said, details of the transaction was not shared.
“U Mobile is looking forward to accelerating enterprise digitalisation with Artificial Intelligence, Autonomous Technology, IoT and more”, said Neil Tomkinson, Chief Information Officer of U Mobile. “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”.
“Our partnership with U Mobile marks a significant step in advancing digital transformation for enterprises, particularly SMEs,” said Sean Hesh, Group Chief Executive Officer of NTT DATA Payment Services. “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”.
