Boku (AIM: BOKU), the world’s leading independent carrier commerce company, is pleased to announce an integration with GrabPay, the digital payments solution of Grab Holdings Inc. Grab is the leading ‘super app’ in Southeast Asia, providing the widest range of on-demand transport services in the region, in addition to food, package delivery and payment services, across 336 cities in eight countries. GrabPay is the region’s most popular e-Wallet. Grab is the only technology company in Southeast Asia with access to e-money licenses in the major six Southeast Asian economies.
Through the integration, Boku and GrabPay will extend payment capabilities to global businesses within Southeast Asia, allowing them to accept cashless payments and acquire new customers efficiently. The collaboration reflects the growing adoption of eWallets and a shift away from transactional, infrequent usage towards an always-on model that enables users to participate in a wider range of use cases such as transportation, recurring digital subscriptions, and in-app purchases- on an ongoing basis.
Jon Prideaux, CEO of Boku, commented: “Southeast Asia is a great example of today’s modern mobile-first society, and GrabPay has been leading the way in building tools and technology to help businesses support cashless payments.
“We are thrilled to work with GrabPay to help make mobile transactions more simple and accessible.”