More than 133,000 POS terminals in the Philippines, Malaysia, and Thailand are managed by publicly traded GHL Systems. GHL owns the acquiring and processing contracts with most of those merchants and acquires credit, debit, and prepaid card transactions on behalf of more than a dozen clients including CIMB Bank, Global Payments, UOB, Bangkok Bank, Thanachart Bank, BPI, and Metrobank. In the Philippines and Malaysia, GHL is the largest nonbank payment card acquirer and processor. In addition to transactions from POS terminals, GHL also acquires card payments from mobile devices, online merchant...