Mastercard is working with a south - east Asian ride - hailing scheme to issue prepaid cards . It will have virtual and physical payments available straight from Grab ’s app and customers will be able to spend anywhere in the world Mastercard is accepted . The two million Grab ’s user base of 110 million downloads will take to the service straight away and want the prepaid card to help make digital payments more prominent . The card is likely to be available in H1 2019 with people in the uk and Singapore first to have access to it .
Mastercard is working with a south-east Asian ride-hailing company to issue prepaid cards. It will make virtual and physical cards available straight from Grab’s app and customers will be able to spend anywhere in the world Mastercard is accepted. The two believe Grab’s user base of 110 million downloads will take to the service straight away and want the prepaid card to help make digital payments more prominent. The card is likely to be available in H1 2019 with people in the Philippines and Singapore first to have access to it.