{"id":4108,"date":"2018-07-11T21:18:04","date_gmt":"2018-07-12T02:18:04","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4108"},"modified":"2022-02-24T22:14:43","modified_gmt":"2022-02-24T22:14:43","slug":"grab-empowers-small-and-micro-businesses-with-new-open-platform","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/global\/grab-empowers-small-and-micro-businesses-with-new-open-platform\/","title":{"rendered":"Grab Empowers Small and Micro Businesses with New Open Platform"},"content":{"rendered":"<p><strong>Singapore\u2019s Grab is continuing its push to be central to the lives of Southeast Asians. <\/strong><\/p>\n<p>The company originated as a ride-hailing app but has an expansive vision that includes mobile payments as a significant component. It\u2019s allowing other businesses to integrate their services with the Grab app and access the company\u2019s technology, enabling partner integrations through a suite of APIs called GrabPlatform, the company said in a <a href=\"https:\/\/www.grab.com\/sg\/press\/business\/grab-unveils-open-platform-strategy-to-build-southeast-asias-first-everyday-superapp\/\">press release<\/a>.<\/p>\n<p>Grab is touting the platform as a way for micro-entrepreneurs and other small businesses to benefit from the infrastructure the company has built. Businesses can work with the platform in a variety of ways, the company said, including accessing its distribution channels or engaging with Grab\u2019s user base through the app.<\/p>\n<p>They can also integrate Grab\u2019s technology \u2013 including using GrabPay for mobile payments \u2013 into their own apps and web sites.<\/p>\n<p>\u201cOver the past six years, we\u2019ve worked hard to improve our technology and expand our reach. Our assets are well tested through Grab\u2019s own services. We\u2019ve gone from offering our tech as a booking platform for taxi operators, to providing a fleet of delivery drivers for e-commerce companies,\u201d Anthony Tan, Group CEO &amp; co-founder of Grab, said in a press release.<\/p>\n<p>\u201cIt\u2019s now time to take what we\u2019re really good at to a select group of partners \u2013 and eventually make our platform open to the wider Southeast Asia ecosystem. With over 100 million mobile installs, a network of 7.1 million drivers, delivery partners, merchants and agents, and strong payments and back-end technology, we are better placed than anyone else in the region to help other start-ups and businesses grow and scale, as we have,\u201d he said.<\/p>\n<p>The company has expressed the desire to drive financial inclusion \u2013 enabling digital payments for unbanked consumers and small businesses \u2013 across Southeast Asia.<\/p>\n<p>Grab\u2019s mobile payments platform has grown rapidly since <a href=\"https:\/\/www.grab.com\/sg\/press\/others\/grab-launches-grabpay-e-wallet-in-hawker-stalls-restaurants-and-shops-in-singapore\/\">expanding<\/a> beyond enabling payments for its transportation services late last year. It said in January that it had <a href=\"https:\/\/www.grab.com\/sg\/press\/others\/grabpay-launches-next-phase-of-growth-with-new-managing-director-for-grabpay-in-singapore-malaysia-and-philippines\/\">onboarded<\/a> 1,000 merchants in Singapore during the two months it had been operating in stores and restaurants.<\/p>\n<p>The company also announced in its latest press release that its payments volume has more than doubled over the first five months of 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore\u2019s Grab is continuing its push to be central to the lives of Southeast Asians. <\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[3,6,8],"tags":[58,63,366,545,703],"class_list":["post-4108","post","type-post","status-publish","format-standard","hentry","category-global","category-recent","category-technology","tag-apis","tag-asia","tag-grabpay","tag-mobile-payments","tag-platform"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4108"}],"version-history":[{"count":1,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4108\/revisions"}],"predecessor-version":[{"id":8121,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4108\/revisions\/8121"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4108"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}