GrabPay Card will be discontinued from 1 June, new applications no longer accepted
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GrabPay Card will be discontinued as other Grab choices see larger adoption & use
Five decades just after its introduction, Seize has made the decision to discontinue its GrabPay Card.
Both physical and electronic variations of the card will be not able to make transactions from 1 June.
Source: TheSmartLocal
The firm has already stopped accepting new programs for the card.
Phyiscal GrabPay playing cards are not able to be activated from 1 June
The discontinuation of the GrabPay Card was introduced by Seize in a detect on its internet site on Monday (1 April).
In addition to the ceasing of all on the net or offline GrabPay Card transactions from 1 June, actual physical playing cards will also be not able to be activated from that date.
So, people possessing a bodily card may possibly only activate it until eventually 31 May perhaps.
Phyiscal card replacements readily available till 30 April
In view of its impending discontinuation, clients can nevertheless swap their physical cards right up until 30 April, Get claimed.
Just after that date, no card substitute requests will be entertained.
Seize also stopped accepting new programs for equally digital and bodily playing cards from Monday (1 April).
Resource: Grab
GrabRewards factors can be attained until 31 Could
As for GrabRewards details, clients can however receive them with their GrabPay Card till 31 Might.
Resource: TheSmartLocal
The amount of details attained on suitable on the web and in-retail outlet transactions will not be improved.
Having said that, a non-refundable 2% processing price nevertheless applies for abroad transactions, Seize reported.
GrabPay card discontinued right after analysis of current small business: Get
Get explained it arrived at the conclusion “after very careful thought”.
Explaining the transfer, it reported it arrived soon after analyzing its current economic companies small business, adding:
We have noticed a great deal higher adoption and use of other Grab choices (this kind of as PayLater by Seize, GrabPay Wallet) that much better cater to the requires of our people.
Thus, the firm aims to concentrate efforts on refining these items to give buyers with an even greater consumer encounter.
Thanking prospects for their help above the years, Get remains committed to serving them by means of its other monetary choices, it reported.
GrabPay card was released in 2019
The GrabPay card, which was introduced in 2019, was dubbed Asia’s 1st numberless actual physical card for improved security.
The prepaid card lets users to expend their GrabPay e-wallet harmony any where that accepts Mastercard.
They can also get paid GrabRewards factors with their F&B purchases, with no cap on the volume of points that can be attained.
Resource: TheSmartLocal
The GrabPay Card can also be made use of to choose community transportation, earning details together the way.
Its specifics are secured with biometrics and PIN authentication through the Seize app, so it can be locked applying the app if it’s misplaced.
Also examine: GrabPay To Demand $1 For Prime-Ups Using Visa Credit rating Cards, Mastercard & PayNow Will Be Free
GrabPay To Demand $1 For Best-Ups Employing Visa Credit score Playing cards, Mastercard & PayNow Will Be Cost-free
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Featured image adapted from TheSmartLocal.
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