Tag

mobile wallet

Grab And Transfer to Partner Up To Deliver Real-Time Digital Payments Across South-East Asia

TransferTo, a global Cross-Border Mobile Payments Network, has been chosen by Grab, the mobile ride-hailing and payments platform in South-East Asia, to enable real-time earnings payouts for Grab drivers using their GrabPay account, across Grab’s operating markets. For the first time, and as a result of this strategic partnership, Grab drivers can instantly collect their daily earnings with their…

E-Money License Granted: Grab Malaysia “Grabs” a Piece of the Payments Pie

Southeast Asia’s leading ride-hailing app Grab has obtained regulatory approval from Bank Negara Malaysia to launch its mobile payment service in Malaysia following it’s earlier approval from the Singaporean authorities. This move is mirrored by it’s Indonesian counterpart Go-Jek who is also making a foray into the payments market. GrabPay will be rolled out in…

Mobile wallet spend to rise over 30 percent in 2017

Global spend via mobile wallets is expected to rise by nearly 32% to USD 1.35 trillion, a new study from Juniper Research has found. The study, Mobile Wallets: Service Provider Analysis, Market Opportunities & Forecasts, has found that spend is currently concentrated in the Far East & China, due primarily…