Stripe now supports GrabPay for online payments in Malaysia and Singapore

Stripe will be launching in The Philippines in the near future, which could also include GrabPay as a payment method too.

Alfred Lee

31 May, 2021

Stripe now supports GrabPay for online payments in Malaysia and Singapore | BEAMSTART News

Stripe and Grab have teamed up to offer greater accessibility for online payments in Southeast Asia.

Starting from today, developers using Stripe can easily integrate GrabPay as a payment option in Malaysia and Singapore.

Key Highlights

  • Developers using Stripe as a payment gateway can now integrate GrabPay as another payment option for their customers.
  • GrabPay on Stripe is currently only supported in Malaysia and Singapore as Stripe isn't available in other Southeast Asian countries yet (it is coming to Philippines real soon).
  • Platforms that integrate GrabPay via Stripe will also allow customers to receive GrabPoints upon making payments.

Why It Matters

  • Stripe is one of the leading payment companies in the world used by a large number of developers.
  • Stripe isn't the only payment company offering GrabPay as a payment option, as its competitor Adyen also supports GrabPay in Malaysia, Singapore, and even The Philippines as well.
  • Stripe is currently in "Beta" for users in the Philippines, and will most likely be "going public" in the near future, possibly even including GrabPay as a payment option.
  • No news on whether GrabPay will be accepted in The Philippines via Stripe has been mentioned.

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Alfred Lee

Journalist at BEAMSTART. I write about breaking business news in the region.

Based in Malaysia

Work Experience Not Specified

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