Grab’s e-wallet GrabPay now lets users pay for goods and services
Grab, a known Southeast-Asian taxi-hailing service, now officially allows users to pay at 25 restaurants and hawker stalls in its homeland Singapore using its e-wallet, GrabPay.
Grab is encouraging more than 20,000 merchants in Singapore to use GrabPay as a form of payment and by the end of the year, about 1,000 merchants in the said country are expected to offer GrabPay. To be able to buy food using GrabPay, users simply just have to scan a merchant’s QR code and type in the amount, and swipe an icon to confirm the transaction.
Folks from Grab are rather mum on their plans on expanding the payment feature to new markets, but for now, the company’s goal is to help small businesses who still uses cash as a form of payment to use GrabPay.
Source: The Straits Times, TechCrunch