KUALA LUMPUR: GrabPay, the mobile wallet payment solution by Grab, has been selected to participate in the federal government’s RM450 million e-Tunai Rakyat initiative that will be launched on Jan 15, 2020.
“Recognising the unique position of our platform as an everyday app, we have contributed in advancing every Malaysian to move forward to embrace the digital economy.
“This is imperative as digital payments nurture a more inclusive growth within the community, that will ultimately benefit the nation by bridging the financial gap,” Grab Malaysia country head Sean Goh said in a statement today.
He said since GrabPay was launched, the technology company had introduced various features, such as ‘Pay with Points,’ ‘Pay with GrabPay’ (online payments) and ‘GrabPay Price’ to help provide a more rewarding and affordable cashless lifestyle.
This was an important consideration especially for the Bottom 40 and Middle 40 community, he said, adding in the last two months alone, GrabPay users had saved close to RM2 million on everyday services through its platform. – Bernama