GrabPay Card launches in The Philippines; powered by Mastercard.

40% of Filipino consumers are using contactless payments.


Alfred Lee

3 Jun, 2020

GrabPay Card launches in The Philippines; powered by Mastercard. | BEAMSTART News

- From our Sponsors -

Ride-hailing giant, Grab, has launched GrabPay Card in the Philippines, powered by Mastercard.

The GrabPay Card is a physical prepaid card that works together with the Grab app, where the balance of the card is tied to user's e-wallet balance.

Consumers can use the card just like any other debit card to make online purchases, or on contact-less payment terminals that accept Mastercard cards.

A closer look at the GrabPay Card.

As of today, approximately 40% of Filipino consumers are using contactless payments more often, with approximately $865 million worth of transactions taking place between April 1st - April 24th this year.

The government of Philippines also aims to gradually phase out the use of cash in its society in the coming years, eventually migrating fully to digital payments.

“As cities slowly get back on their feet after months of lockdown brought about by the Covid-19 pandemic, digital payments become the critical enabler to embrace this new reality,” said GrabPay Philippines head Jonny Bates.

- From our Sponsors -

Latest Jobs

Account Executive

Novoflow

California,

Full Time

USD 200000 — USD 250000 yearly

Sales Development Representative

Usul

California,

Full Time

USD 70000 — USD 150000 yearly

Senior Software Engineer

Crustdata

California,

Full Time

USD 150000 — USD 220000 yearly

Founding Recruiter

Giga

California,

Full Time

USD 110000 — USD 170000 yearly

Hardware Engineer

Makani Science

California,

Full Time

USD 65000 — USD 130000 yearly

Software Engineer

Solidroad

California,

Full Time

USD 170 — USD 220 yearly

Applied AI Engineer

Argon AI, Inc.

New York,

Full Time

USD 200000 — USD 300000 yearly

Account Executive

Conduit

California,

Full Time

USD 160000 yearly

Founding Recruiting Lead

Confido

New York,

Full Time

USD 155000 — USD 185000 yearly

Machine Learning Intern

Bindwell

California,

Internship

USD 80000 — USD 120000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).