Asian Uber Rival Grab Gets Hold of e-Money License in Malaysia

Payments
Asian Uber Rival Grab Gets Hold of e-Money License in Malaysia
Payment Facilitor
Asian Uber Rival Grab Gets Hold of e-Money License in Malaysia
Capitalizing on the growing popularity of mobile payments in Malaysia, ride-hailing company Grab has been granted a license by Bank Negara Malaysia to offer what it calls “e-money services” in that country.

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