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Previously, travellers from China could only pay for Grab rides using cash or dual currency credit cards
Ant Financial Services Group and Grab have announced a partnership which will see the former provide its third-party payment platform Alipay to the popular Southeast Asia-based ridesharing service.
This means Chinese travellers visiting Singapore and Thailand will no longer have to be dependent on just cash or dual currency credit cards, and can instead leverage on this cross-border payment solution.
They will also not have to fret about the currency exchange rate, as the fares will be calculated in the Chinese Renminbi current.
“We are constantly looking at ways to improve our app experience for local and international users. Providing multiple payment options that suit our customers’ preferences is a key focus area for us. Our partnership with Alipay allows Chinese travellers to use Grab to book taxis or private cars for a hassle- free way to get around the city,” said Joel Yarbrough, Group Product Manager, Grab, in an official press statement.
To use Alipay, passengers need only open their Grab app, select GrabPay in the menu bar and add their Alipay account.
Also Read: Grab launches inter-country ride-sharing service between Malaysia and Singapore
Grab plans to introduce the Alipay option to its other operating markets in the near future.
Besides Grab, Alipay is also operating with other local merchants across 69 overseas markets.
It is currently accepted in more than 70,000 retail stores outside of China, and tax reimbursement via Alipay is supported in 24 countries and regions, including South Korea, Germany and France.
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