Grab Inks Payments Deal With Vietnam’s Moca Technology And Service

More from: | PYMNTS |

Grab, a Southeast Asian ridehailing company, announced Tuesday (Sept. 11) that it has inked a partnership with Vietnam’s Moca Technology and Service company.

According to a report in Reuters, the deal furthers Grab’s push into digital payments and financial services. “This is a great step forward; I think the Moca team is great, their technology and solutions are great, and, together with the combined expertise of our Grab team, we can truly move Vietnam toward a cashless economy,” Grab co-founder Tan Hooi Ling told reporters a press conference on Tuesday.

According to the report, Grab is the leading ride-hailing payer in Vietnam, pushing out Uber via a deal earlier this year. The companies didn’t provide more details about


Read full article »

About | PYMNTS | is reinventing the way in which companies share relevant information about the initiatives that shape the future of payments and commerce and make news. This powerful B2B platform is the #1 site for the payments industry by traffic and the premier source of information about “What’s Next” in payments and commerce. C-suite executives, company founders, and investors turn to it daily for these insights, making the audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. It’s where the best minds and best content meet on the web. Innovations in payments and commerce have become highly intertwined. PYMNTS covers every aspect from retail reinvention to the Internet of Things.

»Twitter: @pymnts »Facebook: @pymnts