What is the difference between GrabPay and Grab wallet?
GrabPay is the collective umbrella term for all of our payment services, such as payments via credit/debit cards, partner wallets (e.g. PayPal), and your GrabPay balance. GrabPay Wallet is a licensed e-money wallet containing a topped-up balance.
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To know more about GrabPay Card and how to request visit: https://www.grab.com/ph/pay/grabpaycard. You can use your GrabPay card anywhere in the world across millions of online & offline Mastercard merchants. For FX transactions, Transactions that are made in different currencies other than PHP.
Besides operating in its home base of Singapore, Grab has services available in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam. GrabPay serves as the mobile wallet within Grab's super-app.
Singapore-based e-commerce and ride-hailing company Grab narrowed its losses by almost three-quarters in the three months ending June. The company posted a net loss of $148 million in the second quarter, which was 74% less than its loss in the year-ago quarter.