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

Senior Product Manager, Risk

Flutterwave

Lagos, Nigeria, United States

Full Time

Salary Undisclosed

Sales Engineer (SF Remote)

Prelim

San Francisco, United States

Full Time

USD 115000 — USD 120000 yearly

Account Executive

SnapMagic

San Francisco, United States

Full Time

USD 70000 — USD 75000 yearly

Founding Account Executive

Corgea

San Francisco, United States

Full Time

USD 100000 — USD 170000 yearly

Enterprise Sales Director, EMEA

Notabene

New York, United States

Full Time

Salary Undisclosed

🤝🏼 People Operations & Talent Lead

Replo

San Francisco, United States

Full Time

USD 100000 — USD 130000 yearly

Strategic Finance Manager

Pulley

San Francisco, United States

Full Time

USD 130000 — USD 200000 yearly

Senior Full Stack Engineer

Method Financial

Austin, TX, United States

Full Time

USD 150000 — USD 200000 yearly

Founding Engineer

Leafpress

United States

Full Time

USD 130000 — USD 150000 yearly

Financial Consultant

Mary De Vera

Singapore

Full Time

SGD 3 — SGD 5 monthly

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 - 2024 BEAMSTART. All Rights Reserved (Legal).