Grab users can now pay in cryptocurrency following a partnership between the tech firm and licensed funds supplier Triple-A.
Beneath the partnership, Grab users can prime up their GrabPay pockets through digital cost tokens, mentioned a Grab spokesperson when MARKETING-INTERACTIVE reached out.
As well as, the brand new characteristic gives users with added flexibility and comfort because it permits them to transform their digital property, comparable to stablecoins, into usable funds of their GrabPay wallets.
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Some cryptocurrencies users can make funds with embody Bitcoin, XSGD, Ethereum, USDC and USDT.
By increasing the top-up choices to incorporate digital cost tokens, Grab can now present users with a seamless and environment friendly technique to entry the corporate’s wide selection of companies.
The characteristic is at present solely out there in Singapore. That mentioned, Grab will proceed to observe consumer adoption and reply to demand for such companies, it mentioned.
This is not Grab’s first partnership with Triple A. In 2021, Triple A partnered with Grab to permit users to purchase digital currencies through GrabPay via TransCrypt.
“Grab recognises the rising curiosity in digital currencies, and our partnership with Triple-A demonstrates our openness to considerate collaborations on this house,” mentioned Wong Wenbin, head of GrabPay, Grab Monetary Group Singapore in 2021.
“Working with gamers comparable to Triple-A who’re recognised by the regulator additionally affirms our dedication to widen our choices for our users in a secure and measured approach.”
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