Asia's newest mobile wallet may actually get the region to go cashless, finally

TwitterFacebook

Finally, people in Singapore are about to get an easier and quicker way to send money to a friend, via a mobile wallet app.

But surprisingly, it's not coming from a bank or payment company — it's coming from ride-hailing app, Grab.

Grab, Uber's biggest competition in Southeast Asia, on Wednesday announced users will be able to transfer funds in the app's wallet between users, without fees.

They can do it by sending money over to a mobile number registered with Grab, or by physically scanning a friend's QR code. Read more...

More about Asia, Mobile Payments, Singapore, Cash, and Grab


via Zero Tech Blog

Related Posts