Malaysia-based ride-hailing company GrabPay has launched Grab Credits, a peer-to-peer instant fund transfer feature for its mobile wallet in Singapore. Initially enabling payments between users, before being extended to merchants, GrabPay aims to tempt more than 1,000 firms to the app. The move is part of GrabPay's ambition to become Southeastern Asia's universal mobile payments solution, and follows the introduction of a Grab authentication PIN to add an extra layer of security to its mobile wallet.
Malaysia-based ride-hailing company Grab has launched GrabPay Credits, a peer-to-peer instant fund transfer feature for its mobile wallet in Singapore. Initially enabling payments between users, before being extended to merchants, Grab aims to tempt more than 1,000 firms to the app. The move is part of Grab's ambition to become Southeastern Asia's universal mobile payments solution, and follows the introduction of a GrabPay authentication PIN to add an extra layer of security to its mobile wallet.