GrabPay Card will be discontinued from 1 June, new applications no longer accepted

GrabPay Card will be discontinued from 1 June, new applications no longer accepted

GrabPay Card will be discontinued as other Get offerings see better adoption & use

Five decades just after its introduction, Seize has made a decision to discontinue its GrabPay Card.

Each physical and electronic versions of the card will be unable to make transactions from 1 June.

Supply: TheSmartLocal

The corporation has presently stopped accepting new purposes for the card.

Phyiscal GrabPay cards can’t be activated from 1 June

The discontinuation of the GrabPay Card was declared by Seize in a discover on its web-site on Monday (1 April).

Aside from the ceasing of all on the internet or offline GrabPay Card transactions from 1 June, physical playing cards will also be not able to be activated from that day.

As a result, those people possessing a physical card may possibly only activate it until finally 31 Could.

Phyiscal card replacements readily available right up until 30 April

In watch of its impending discontinuation, customers can continue to replace their physical playing cards till 30 April, Seize stated.

After that date, no card replacement requests will be entertained.

Get also stopped accepting new apps for both electronic and physical cards from Monday (1 April).

Source: Seize

GrabRewards points can be earned till 31 Might

As for GrabRewards details, clients can continue to make them with their GrabPay Card until 31 May well.

Resource: TheSmartLocal

The quantity of details acquired on suitable on-line and in-keep transactions will not be transformed.

Even so, a non-refundable 2% processing rate however applies for abroad transactions, Seize stated.

GrabPay card discontinued after analysis of current business: Grab

Seize reported it arrived at the choice &#8220after thorough thought&#8221.

Explaining the shift, it reported it arrived following evaluating its current money products and services small business, adding:

We have observed a great deal larger adoption and use of other Grab offerings (these kinds of as PayLater by Get, GrabPay Wallet) that greater cater to the demands of our customers.

Hence, the business aims to concentrate endeavours on refining these solutions to give customers with an even greater person expertise.

Thanking buyers for their aid above the several years, Seize stays dedicated to serving them by way of its other monetary choices, it explained.

GrabPay card was launched in 2019

The GrabPay card, which was launched in 2019, was dubbed Asia&#8217s initially numberless actual physical card for enhanced safety.

The pay as you go card allows end users to invest their GrabPay e-wallet balance wherever that accepts Mastercard.

They can also earn GrabRewards points with their F&B purchases, with no cap on the volume of points that can be acquired.

Resource: TheSmartLocal

The GrabPay Card can also be employed to acquire community transportation, earning details alongside the way.

Its facts are secured with biometrics and PIN authentication by using the Grab application, so it can be locked applying the application if it&#8217s lost.

Also examine: GrabPay To Cost $1 For Major-Ups Employing Visa Credit history Playing cards, Mastercard & PayNow Will Be Totally free

GrabPay To Demand $1 For Leading-Ups Applying Visa Credit score Cards, Mastercard &#038 PayNow Will Be Free

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Featured picture adapted from TheSmartLocal.

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