Indonesia-headquartered digital payment firm Xendit has officially launched its operations in the Philippines in an attempt to take advantage of the booming market for electronic transactions in the country and the rest of Southeast Asia.
Grab users can also transfer available funds from their GrabPay wallet to their bank accounts and e-wallets.
Ride-hailing app Grab has launched GrabPay Card in the Philippines, a digital-first prepaid card powered by Mastercard that brings the convenience of cashless payments to more Filipinos.
Starting May 22, around 400 taxi drivers from Baguio and Naga City will resume plying the roads, implementing cashless transactions during rides. Awaiting the resumption of public transportation in other cities, Grab said it has trained and prepared almost 7,000 taxi drivers to likewise conduct cashless rides.
Grab’s mobile wallet GrabPay has inked a partnership with SM Cinemas which now enables consumers to pay for SM Cinema tickets using Grab credits and scanning QR codes.