Grab partners with Maybank to grow mobile wallet GrabPay in Malaysia

Maybank group chief strategy officer Michael Foong, Maybank group president & CEO Datuk Abdul Farid Alias, Grab group CEO and co-founder of Grab Anthony Tan and managing director of GrabPay Singapore, Malaysia and Philippines Ooi Huey Tyng. Photo: Grab Malaysia

Ride-hailing startup Grab has partnered with Malayan Banking Bhd (Maybank) to drive the adoption and usage of its mobile wallet GrabPay in the country.

Grab, which received its e-money license from Malaysia’s central bank Bank Negara Malaysia (BNM) last December, plans to launch GrabPay in beta in the coming weeks. The partnership is subject to relevant regulatory approvals and further details will be announced in due course, said Grab.

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