Grab pilots GrabPay Card in the Philippines
It comes with a digital version within the Grab app.
Grab is launching its digital Mastercard-powered GrabPay Card in the Philippines, according to a news release.
It comes with a digital version within the Grab app that grants users complete control of their card. It allows users, with or without a bank account, to transact securely and easily online at merchants that accept Mastercard cards.
Card details are stored within the Grab app, with an in-app card lock function that allows users to immediately suspend payments in case of lost cards or suspicious transactions.
Users can also earn GrabRewards points in transactions with merchant-partners. They also get a mobile insurance protection which enables them to pay postpaid phone bills and safeguard against accidental damage or theft.
The card is also equipped with an e-commerce protection as coverage for online transactions in the event that a wrong or defective item was delivered, or an incomplete or non-delivery.
Users can activate their GrabPay card through the Grab app.