Grab has announced that GrabPay users may now cash in through BDO, BPI, Unionbank, SM, and 7-Eleven.
GrabPay users may now do multiple transactions in the platform with the partnership between Grab and Banco de Oro (BDO), Bank of the Philippine Islands (BPI), Unionbank, SM, and 7-Eleven. With these Grab’s collaborations, users may now make instant cash-ins to GrabPay wallet for free by linking their bank accounts or by visiting the nearest SM mall or 7-Eleven store.
“Our partnership with three of the biggest and most respected banks and leading commercial establishments in the Philippines means using GrabPay has become easier and more convenient. Now, consumers have the freedom to shop and pay without worries. Using GrabPay is a rewarding way to pay for your transactions because it is the only e-wallet that gives users loyalty points. GrabRewards points earned from GrabPay can be used to Pay with Points for future transactions, or redeem exciting offers from the GrabRewards catalog,” said Erwin Yamsuan, Country Lead for Grab Financial Group Philippines.
Through BDO, BPI, and Unionbank, users may now fund their GrabPay account easily as soon as they link their app to their bank accounts.
Here’s how to link your BDO, BPI, or UBP account to GrabPay:
Step 1: Tap on ‘Payment’ on the bottom navigation bar of your Grab app
Step 2: Once you are redirected to the following screen, ‘Cash In’
Step 3: Select ‘Linked Bank Account’ among the cash in options
Step 4: From there, simply choose across BDO, BPI, or Unionbank, input your online banking details on a one-time basis only, and proceed to link your account.
With GrabPay, users no longer need to enter their online banking details every time they wish to fund their account. Do note that they only need to enter a one-time password (OTP) that will be automatically sent to your Grab registered mobile number.
On the other hand, those who don’t have bank accounts or those who prefer in-person cash-ins can do so at any of the business centers of SM’s network of 360 Malls, Markets, and Servicio Centers and over
3000 7-Eleven branches in the country.
Users may go to the nearest 7-Eleven branch and follow the following steps:
Step 1: Go to Payment section of the app
Step 2: Go to Cash In
Step 3: Tap ‘In-Store’ cash in method
Step 4: Choose ‘7-Eleven’
Step 5: Enter the desired cash-in amount and tap Submit
Step 6: Show the generated barcode to the cashier and pay
Besides, they can also select ‘SM Business Center’ in the app and show your Payment reference code to the agent in any SM Business Center and pay the amount that they want to cash in to their GrabPay wallet account.
