{"id":32362,"date":"2017-12-08T16:21:54","date_gmt":"2017-12-08T08:21:54","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=32362"},"modified":"2017-12-08T16:21:54","modified_gmt":"2017-12-08T08:21:54","slug":"grabs-e-money-services","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services","title":{"rendered":"Bank Negara Approves Grab\u2019s e-Money Services"},"content":{"rendered":"<p>Grab Malaysia has received the approval from Bank Negara Malaysia to offer GrabPay e-money services in Malaysia.<\/p>\n<p>Grab announced that the services will be rolled out in stages, starting from the first half of 2017. GrabPay will allow Malaysians to make mobile payment using a simple, safe and rewarding system.<\/p>\n<p>This service will help customers and merchants in emerging economies like Malaysia and its neighbouring countries in Southeast Asia to go cashless and cardless, <a href=\"https:\/\/www.imoney.my\/articles\/grab-uber-promo-codes\" target=\"_blank\">Grab Malaysia<\/a> was quoted by the English daily, <em>The Star Online<\/em>.<\/p>\n<p>GrabPay can be accessed via the Grab app, and it will be open to not just transport services but also other important everyday transactions such as paying for food and drinks, purchasing the latest gadgets in shops or making transfers to friends.<\/p>\n<p>\u201cCash was still the most important payment method for many Malaysian SMEs and middle-class consumers, despite most adults having a deposit account.<\/p>\n<p>\u201cAs one of the region\u2019s most frequently used consumer apps with 72 million downloads, we are happy to work with Bank Negara to drive mass adoption of mobile payments in Malaysia and across Southeast Asia,\u201d Managing Director of GrabPay Jason Thompson said.<\/p>\n<p>Thompson also confirmed that Grab has ensured the privacy and security of GrabPay transactions through various measures, including a six-digit GrabPay PIN as a second-factor authentication (2FA):<\/p>\n<p>\u201cCustomers with a certain amount in their GrabPay e-money wallet account are required to activate the PIN. The Grab app will automatically prompt users to input their pin number when it detects any unusual activities.\u201d<\/p>\n<p>Grab Malaysia country head Sean Goh said the enhanced GrabPay e-wallet can also help SMEs tap into Grab\u2019s large pool of consumers without a huge cost in advertising and marketing. Grab consumers can also benefit from mobile payments without having to download a new app.<\/p>\n<p><em>[<a href=\"https:\/\/www.thestar.com.my\/business\/business-news\/2017\/12\/08\/grab-gets-bank-negara-nod-to-offer-emoney-services\/\" target=\"_blank\" rel=\"nofollow\">Source<\/a>]<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even easier to make cashless transactions now!<\/p>\n","protected":false},"author":9,"featured_media":31604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,231],"tags":[],"class_list":["post-32362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","category-travel"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank Negara Approves GrabPay To Allow Cashless Mobile Payments<\/title>\n<meta name=\"description\" content=\"Grab Malaysia has received the go-ahead from Bank Negara Malaysia to offer GrabPay e-money services in Malaysia to make mobile payments more convenient.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank Negara Approves Grab\u2019s e-Money Services\" \/>\n<meta property=\"og:description\" content=\"Even easier to make cashless transactions now!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-08T08:21:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"399\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Iris Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iris Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services\",\"url\":\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services\",\"name\":\"Bank Negara Approves GrabPay To Allow Cashless Mobile Payments\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#primaryimage\"},\"thumbnailUrl\":\"\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg\",\"datePublished\":\"2017-12-08T08:21:54+00:00\",\"dateModified\":\"2017-12-08T08:21:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e\"},\"description\":\"Grab Malaysia has received the go-ahead from Bank Negara Malaysia to offer GrabPay e-money services in Malaysia to make mobile payments more convenient.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#primaryimage\",\"url\":\"\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg\",\"contentUrl\":\"\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg\",\"width\":800,\"height\":399,\"caption\":\"uber grab promo codes\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News Updates\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/news-updates\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Bank Negara Approves Grab\u2019s e-Money Services\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e\",\"name\":\"Iris Lee\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g\",\"caption\":\"Iris Lee\"},\"description\":\"As the former group editor of iMoney, Lee enjoys writing about various topics on personal finance, including property and insurance. She believes that knowledge is the key to making intelligent financial decisions. She currently oversees brand communications for iMoney Group.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/irislee\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bank Negara Approves GrabPay To Allow Cashless Mobile Payments","description":"Grab Malaysia has received the go-ahead from Bank Negara Malaysia to offer GrabPay e-money services in Malaysia to make mobile payments more convenient.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services","og_locale":"en_US","og_type":"article","og_title":"Bank Negara Approves Grab\u2019s e-Money Services","og_description":"Even easier to make cashless transactions now!","og_url":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services","og_site_name":"iMoney Malaysia","article_published_time":"2017-12-08T08:21:54+00:00","og_image":[{"width":800,"height":399,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg","type":"image\/jpeg"}],"author":"Iris Lee","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Iris Lee","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services","url":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services","name":"Bank Negara Approves GrabPay To Allow Cashless Mobile Payments","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#primaryimage"},"thumbnailUrl":"\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg","datePublished":"2017-12-08T08:21:54+00:00","dateModified":"2017-12-08T08:21:54+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e"},"description":"Grab Malaysia has received the go-ahead from Bank Negara Malaysia to offer GrabPay e-money services in Malaysia to make mobile payments more convenient.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/grabs-e-money-services"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#primaryimage","url":"\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg","contentUrl":"\/articles\/wp-content\/uploads\/2017\/10\/ride-hailing.jpg","width":800,"height":399,"caption":"uber grab promo codes"},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/grabs-e-money-services#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"News Updates","item":"https:\/\/www.imoney.my\/articles\/category\/news-updates"},{"@type":"ListItem","position":3,"name":"Bank Negara Approves Grab\u2019s e-Money Services"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/f86e2ec4d5692a05a39fb4cb52172a0e","name":"Iris Lee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/89fc1c51fb24674b88dad0ab7c033d0f?s=96&d=mm&r=g","caption":"Iris Lee"},"description":"As the former group editor of iMoney, Lee enjoys writing about various topics on personal finance, including property and insurance. She believes that knowledge is the key to making intelligent financial decisions. She currently oversees brand communications for iMoney Group.","url":"https:\/\/www.imoney.my\/articles\/author\/irislee"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/32362"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=32362"}],"version-history":[{"count":1,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/32362\/revisions"}],"predecessor-version":[{"id":32364,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/32362\/revisions\/32364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/31604"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=32362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=32362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=32362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}