By Taruka Srivastav

After recently launching GrabNow to encourage taxi drivers to go cashless, online cab hailing service Grab has now introduced a peer-to-peer fund transfer feature to enable consumers to transfer GrabPay credits to one another in Singapore.

Grab plans to further develop the technology to expand its inventory beyond transportation via GrabPay, Grab’s in-app mobile wallet to foster Singapore government’s vision of a cashless economy.

Jason Thompson, head of GrabPay, said: “Every day, over 75% of Grab users in Singapore go cashless and use GrabPay to pay for rides. Grab users are familiar with using Read full story ›

Source: The Drum