Grab enters into payments partnership with Germany's Wirecard

Grab enters into payments partnership with Germany's Wirecard

Two Wirecard AG branded red cubes rest between computer cables in this arranged photograph at the Wirecard headquarters in Munich, Germany, on Wednesday, Sept. 5, 2018. Photographer: Matthias Doering/Bloomberg

Southeast Asian ride-hailing and payments major Grab has partnered with German payments company Wirecard that will see the latter process transactions made via the former’s GrabPay e-wallet.

According to a statement, the partnership will initially focus on transactions in Malaysia, the Philippines and Singapore.

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