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Tag Archives: PayNow

GrabPay Funds Can Now Be Transferred To Local Bank Accounts, PayNow Users, Selected E-Wallets

February 8, 2021 Lifestyle Comments Off on GrabPay Funds Can Now Be Transferred To Local Bank Accounts, PayNow Users, Selected E-Wallets

From today (Feb 8), GrabPay users can transfer funds out of their GrabPay wallets to bank accounts and other e-wallets in Singapore, with no fees involved.  According to a press release from Grab, the features will be rolled out progressively to GrabPay users. Previously, one of the qualms many had …

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MAS: Non-Banks Like Grab, Razer, Singtel’s Dash To Support PayNow And Fast From Feb 2021

November 30, 2020 Lifestyle Comments Off on MAS: Non-Banks Like Grab, Razer, Singtel’s Dash To Support PayNow And Fast From Feb 2021

The Monetary Authority of Singapore (MAS) announced today (Nov 30) that eligible non-bank financial institutions (NFIs) will be allowed to connect directly to funds transfer services PayNow and Fast (Fast And Secure Transfers). These NFIs include Grab Financial Group, which operates GrabPay; Razer Fintech, the financial technology arm of gaming …

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