Grab launches GrabPay Credits

Singapore

RIDEHAILING app Grab on Tuesday launched GrabPay Credits, a new stored-value option within the Grab app, that will allow "everyone in South-east Asia" to make cashless payments for rides taken via Grab.

This will potentially expand Grab's market to students, the unbanked, and people unfamiliar with cashless payments or simply cautious of sharing credit card details. It's a move observers described as yet another instance of Grab catering to local market needs, compared to Uber.