Grab, Southeast Asia’s leading ride hailing platform has selected Adyen to extend the capabilities of its GrabPay platform in Indonesia, Philippines, Thailand and Vietnam.
Grab will partner with Adyen to deliver a consistent, frictionless payment experience for customers traveling across markets regardless of their device or payment method.
Grab wanted a partner who could support a variety of traditional and alternative payment methods to support our growth across the region. Adyen fits the bill and we are excited at now being able to offer our passengers even more payment options when they pay through GrabPay.
said Joel Yarbrough, Head of Payments & Commerce Product, Grab.
Adyen supports 250 payments methods around the world, this association will enable Grab customers to use traditional cards and, over time, country-specific payment methods, using Adyen’s expertise and data to expand payment options. Business travelers who work within the region can also easily tabulate their business ride spending with Grab through the Grab for Work portal, and companies can automatically pay for their employees’ rides through the use of corporate cards.
Aden has been working to tap more markets in Southeast Asia. It had opened a new office in Singapore and began operations from there this month. This partnership announcement will surely boost its growth momentum in the region.
Partnering with a fellow innovator and disruptor such as Grab, we are eager to empower commuters in Southeast Asia with the same convenience of hailing a ride seamlessly as paying for their Grab ride with equal ease.
said Warren Hayashi, President, APAC, Adyen.
Headquartered in Amsterdam and San Francisco, with offices across North America, South America, Europe and Asia Pacific, Adyen serves more than 4,500 businesses, including 7 of the 10 largest U.S. Internet companies, and 3 of the top 5 global apparel brands. Its clienteles include Uber, Netflix, Spotify, Dropbox, Evernote, Booking.com, Yelp, Vodafone, Superdry, Mango, Crocs, O’Neill, SoundCloud, KLM and JustFab.
