GrabPay Card Discontinued

Say Goodbye to GrabPay Card: Changes Coming Your Way!

Grab is discontinuing its GrabPay Card, impacting users who have relied on this convenient payment method. Find out more about the upcoming changes and what you need to do before it's too late!

Grab, the Southeast Asian superapp known for its wide range of services including deliveries, rides, and financial offerings, has announced the discontinuation of its GrabPay Card starting from June 1, 2024. The GrabPay Card functions like a prepaid card linked to users' GrabPay Wallets, providing a convenient payment option for various transactions. Despite its popularity, Grab has decided to phase out the card, citing user preferences and the need to streamline its fintech services.

Customers who currently hold GrabPay Cards are advised to replace their physical cards by April 30 to ensure uninterrupted access to Grab's payment services. After this date, Grab will no longer accept new applications for digital or physical GrabPay Cards, signifying a shift in the company's payment strategy.

With the recent changes in interest rates from traditional banks and the evolving landscape of personal finance, the discontinuation of the GrabPay Card reflects a larger trend in the financial industry. Users who have relied on the GrabPay Card for their daily transactions will need to adapt to alternative payment methods provided by Grab's platform.

As Grab focuses on enhancing its fintech offerings, the decision to discontinue the GrabPay Card highlights the company's commitment to innovation and responding to user demands. Customers can continue using their GrabPay Cards until May 31, 2024, after which the card services will be completely phased out, encouraging users to explore other payment solutions offered by Grab.