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Grab brings popular mobile wallet to Malaysia

Singapore-based Grab has launched its popular mobile wallet in Malaysia thanks largely to a partnership with Maybank, according to a press release.

"What's stopping many in Malaysia from adopting cashless is the perceived lack of safety and convenience," Ooi Huey Tyng, managing director of GrabPay Malaysia, Singapore and the Philippines, said in the release. "With GrabPay, consumers across Malaysia, regardless of age, can participate in the cashless, digital economy without having to download additional apps. By topping up money on Grab as your everyday app, you can easily track your spend and pay cashless conveniently and safely."

At the time of the launch, GrabPay was accepted in more than 500 famous food and beverage merchants spanning eight major cities nationwide, namely Klang Valley, Penang, Johor Bahru, Ipoh, Melaka, Kota Kinabalu, Kuching and Kuantan.

Targeted to double in the coming months, these restaurants range from famous chains such as Tealive and TeoChew Chendul which have outlets across the country to local city favorites such as Devi's Corner, KGB Burgers and TedBoy Bakery (Klang Valley), China House (Penang), Burps & Giggles (Ipoh), Kopi Ping (Kota Kinabalu)  Big Bowl Ice (Melaka) and Coffee Gallery (Kuantan).

Users only need to turn on their Grab app and scan the unique Grab QR code at the merchant's outlet. Every transaction on GrabPay Credits adds value to every Ringgit spent, earning them GrabRewards points which can be used on items from the GrabRewards catalog.