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This ride-hailing app now wants to grab a share of the e-payments pie

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
This ride-hailing app now wants to grab a share of the e-payments pie
SINGAPORE (Aug 31): Ride-hailing firm Grab has signalled its intention to move beyond transportation.
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SINGAPORE (Aug 31): Ride-hailing firm Grab has signalled its intention to move beyond transportation.

The private hire car service operator on Wednesday launched its peer-to-peer fund transfer feature, allowing users to transfer credits to others via its in-app mobile wallet.

More importantly, the P2P fund transfer technology unlocks the path for Grab to offer e-payments for merchant services.

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