Grab and Fave Teams up To Tackle The Malaysian and Singaporean Market | Digital Asia
Digital Asia News Update
by Fintech News Malaysia
October 4, 2018
Grab and Fave announced a strategic partnership for both parties to grow the respective platforms across the region. The partnership is aimed at capitalising on Grab's user base of over 110 million downloads and Fave's strong merchant network of over 5,000 acceptance points.
Starting this week, Fave's merchant sales team, will onboard merchants for GrabFood and GrabPay in Singapore and Malaysia. This will further accelerate the growth of respectively the fastest growing food delivery and mobile wallet services in these countries.
The integration of the GrabPay wallet was done through GrabPlatform, a suite of APIs that enables partners to access components of Grab's technology like logistics and payments. This is the first of its kind integration in a partner app for the Grab Platform and underlines the appeal of Grab's user base and Southeast Asia's largest distribution channels.
Rueben Lai, Managing Director of Grab Financial also stated that the will soon increase the number of integrations to GrabPlatform, which will allow more partners to tap into Grab's ecosystem.
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