Grab Shuts Down Investment Business, Users Have Until 13 Oct to Withdraw Funds

Ride-hailing and food delivery superapp Grab announced that it will be shuttering its investment business in Singapore by discontinuing its AutoInvest and Earn+ products. Micro-investment platform AutoInvest is Grab’s first retail wealth management product was formed as a result of their acquisition of robo-advisory firm Bento in February 2020. This solution had allowed Singapore users to ‘invest as they spend”

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YouTrip Users Can Now Link Their Cards to Apple Devices

Singapore’s multi-currency e-wallet YouTrip has rolled out Apple Pay integration to provide its users more options to pay for in-store purchases, online transactions and public transportation. The company said in a statement that its users will now be able to link their YouTrip cards to their iOS devices, transactions faster, more secure, and hassle-free. The integration of Apple Pay comes

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Vietnam’s MoMo Rolls Out BNPL Payment Option for Online Apple Store Purchases

Vietnamese e-wallet M-Service which operates under the MoMo brand has begun offering its local customers monthly instalments when they make purchases at the online Apple Store. With this new feature, Vietnamese customers will have the opportunity to shop Apple’s products and use MoMo as a flexible payment gateway. Alongside a one-time payment option, customers who choose to use MoMo Instalments

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ShopeePay Now Available as Payment Option for Apple Services

Shopee’s integrated mobile wallet ShopeePay is now available as a payment method for Apple services in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. Customers can use their ShopeePay account to pay for App Store, Apple Music, Apple TV app, iTunes Store purchases, iCloud storage and more. The addition of ShopeePay as an Apple ID payment method offers a new way

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In Vietnam, Rural Adoption Is the Driving Force for Cashless Payments

In 2022, cashless payments continued to see increased usage in Vietnam, carrying on a trend that accelerated with the COVID-19 pandemic. This trend is emerging at the expense of cash usage which continued its decline last year. In 2022, non-cash payment transactions, including card payments and e-wallets, increased by 85% in volume and 31% in value, data from to the

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