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Grab launches GrapPay Card

Friday 6 December 2019 10:11 CET | News

Grab, a Singapore-based ride sharing, fintech and food delivery app, has announced the launch of the GrabPay Card, as per MobilePaymentsToday.com.

Grab said the new co-branded Mastercard provides a secure payment option for millions of underbanked consumers in the Southeast Asian market.

Grab plans to launch the app in the Philippines during the first quarter of 2020, and later expand to other Southeast Asian markets during the first half of the year. 

The company will for a limited time award up to 10X in GrabPay Rewards points for every dollar spent on the card. The card can be used to make purchases at any one of Mastercard's 53 million merchant locations globally. 

The card can also be added to the Samsung Pay wallet to make purchases at contactless terminals.


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Keywords: Grab, GrabPay Card, ride sharing, fintech, food delivery
Categories: Payments & Commerce
Companies:
Countries: South East Asia
This article is part of category

Payments & Commerce