How much does GrabPay charge for reload?
GrabPay Introduces Transaction Fee for Credit Card Reloads
Effective September 11th, 2024, GrabPay users will be subject to a 1% transaction fee on all credit card reloads. This fee applies to all credit card top-ups, regardless of the amount.
This change represents a deviation from GrabPay’s previous policy, which did not charge a transaction fee for credit card reloads. The introduction of this fee impacts the overall cost of using the service for users who rely on credit cards for wallet funding.
To prepare for this adjustment, GrabPay users should consider budgeting accordingly. The transaction fee will increase the cost of reloading wallets via credit cards, and users may need to adjust their spending habits or explore alternative reload methods.
GrabPay offers a range of reload options, including bank transfers (via eNETS or FAST), debit cards, and GrabPay partner outlets. Users may find it more cost-effective to utilize these alternative methods to avoid the transaction fee.
GrabPay, a leading mobile wallet in Southeast Asia, provides users with a convenient and secure platform for everyday transactions. While the introduction of a transaction fee for credit card reloads may be an inconvenience to some users, it is important to note that GrabPay continues to offer a variety of reload options to accommodate the needs of its users.
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