Ramasamy Veeran aged 41 with a degree in Business Administration was the founding member and his currently the director of the Merchantrade Asia Sdn. Bhd. He was the key person to set up the Company in 1996 and has been instrumental in the expansion and diversification of Merchantrade from its initial business as a telecommunication equipment supplier, calling cards and wartel (Call shop) services to the current Mobile Virtual Network Operator (MVNO) Services and Remittance Services.
From a single office with 8 staff in the year 2002, Merchantrade has grown into an award winnings company with 58 branches nationwide with over 400 staff in the employment. Since obtaining its Remittance license in the year 2007, Merchantrade offers money transfer services from Malaysia to India, Nepal, Bangladesh, Sri Lanka, Vietnam, Indonesia, and the Philippines under the banner of Merchantrade Express Remittances.
Merchantrade has captured one of the largest markets in the non-bank remittance services sector in Malaysia. With an initial remittance branch set up in 2007 in Kuala Lumpur, Merchantrade currently has 58 remittance branches nationwide.
On its prepaid services business segment, Merchantrade is a leading Mobile Virtual Network Operator in Malaysia providing best pre-paid IDD calling rates with Merchantrade’s brand name. Currently, the company has network coverage to India, Nepal, Bangladesh, Indonesia, Cambodia, Vietnam, Philippines, Sri Lanka, Pakistan and Malaysia. Since 2009, Merchantrade has become an affiliate of Sumitomo Corporation Japan. There is nothing to stop the young, energetic Ramasamy Veeran from the4 venturing into more challenging areas.