GrabPay

Singapore launches unified QR code for e-payments; new rules soon to address likely risks
SINGAPORE (Sept 17): Singapore on Monday launched the Singapore Quick Response Code (SGQR), which combines multiple payment QR codes into a single SGQR label. Photo: Minister Ong Ye Kung testing out the new SGQR label to make a purchase. The first of its kind globally, SGQR will be adopted by 27 payment schemes, including PayNow, NETS, GrabPay, Liquid Pay and Singtel DASH. To be deployed ...
GrabPay now available at BreadTalk, to roll out at Toast Box in Oct
SINGAPORE (Aug 8): BreadTalk has partnered with Grab to introduce the ride hailing and mobile payments app’s GrabPay service across its 42 bakery outlets across Singapore. Starting from Oct, the partnership will extend to the group’s subsidiary brand Toast Box, such that GrabPay services will also be accepted across 63 of its outlets island wide.   In a Wednesday release, BreadTalk ...
Grab replaces UberEATS in Singapore with beta launch of GrabFood app
SINGAPORE (May 28): Grab today announced the beta launch of its GrabFood delivery app in Singapore, with further plans to make the app and its services available in five other Southeast Asian countries – Indonesia, Thailand, Vietnam, Malaysia and the Philippines – by the end of 2Q18. GrabFood is positioned as an “everyday app” to provide Southeast Asian consumers transport, food, ...
This ride-hailing app now wants to grab a share of the e-payments pie
SINGAPORE (Aug 31): Ride-hailing firm Grab has signalled its intention to move beyond transportation. The private hire car service operator on Wednesday launched its peer-to-peer fund transfer feature, allowing users to transfer credits to others via its in-app mobile wallet. More importantly, the P2P fund transfer technology unlocks the path for Grab to offer e-payments for merchant ...
Grab CEO’s epiphany at 30,000 feet: taking down an Uber Goliath
SINGAPORE (Nov 2): It was on a late July flight home to Singapore when Anthony Tan grasped the potential calamity in news that his biggest ally, Didi Chuxing, was about to buy out arch-rival Uber’s Chinese business. The stunned Grab co-founder knew better than to celebrate the vanquishing of an enemy. Unfettered by a costly battle for China, the world’s most valuable startup would now ...
Grab raises US$750 mil in latest fundraising round
SINGAPORE (Sept 20): Ride-hailing service Grab has raised US$750 million ($1.02 billion) in its latest round of fundraising, led by SoftBank as well as other existing and new investors. This new round of fundraising has now expanded Grab’s cash position to over US$1 billion. “This latest funding, the largest in the history of Southeast Asia consumer technology, strengthens our ability ...