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Fintech & Ecommerce

Grab issues digital card in another Asian country

Jun 04, 2020

The users can control the digital card through the Grab app

GrabPay Card

Grab issues digital card in another Asian country. Source: shutterstock.com

Grab has launched its GrabPay Card in the Philippines as a result of collaboration with Mastercard.

According to a survey, 40% of Filipinos are currently using online payments more frequently due to the pandemic. This way, the introduction of the GrabPay Card confirms the company’s intentions to provide risk-free payments across the country.

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. The launch of the digital GrabPay Card powered by Mastercard supports our mission of providing safer transactions and bringing more cashless opportunities to Filipinos not only for local transactions but also everywhere in the world
Jonny Bates, Head of GrabPay Philippine

The GrabPay Card details are securely stored within the GrabPay app. It has a built-in card lock feature powered by Face ID and fingerprint biometric system. Besides, PIN protection provides users with the ability to instantly suspend transactions in case they lost their card or suspicious payments.

What is more, GrabPay Card users get Mobile protection insurance allowing them to pay for mobile postpaid phone bills using the GrabPay Card and receive protection against accidental damage or theft.

We’ve reported that Grab?announced?the launch of Asia’s first numberless card. GrabPay Card offers users unparalleled card security, access to an expanded rewards ecosystem, and hassle-free Grab payments integration.

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Tags: # Grab

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