Southeast Asia’s leading on-demand transportation group Grab, Malaysia has received the go-ahead from Bank Negara Malaysia to offer GrabPay e-money services in Malaysia.It said on Friday the services will be launched in stages in the first half of 2018 and they would allow Malaysians to enjoy a simple, safe and rewarding mobile payment system.
The new GrabPay e-money services would help customers and merchants in emerging economies like Malaysia and elsewhere in Southeast Asia go cashless and cardless, it said.
Through the same Grab app, consumers will be able to access not just transport services, but all of the most important everyday services, whether it’s paying for food and drinks, the latest gadgets in shops or making transfers to friends.
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