GrabTaxi, the SoftBank-backed taxi-on-demand service in Southeast Asia, is preparing to introduce cashless payments to take it beyond cash-only fares and put it on par with Uber’s frictionless payment system.
TechCrunch understands that cashless payments via credit card will become an option for GrabTaxi customers within the next couple of months, but passengers will still be able to pay for their rides using cash if they prefer.
A GrabTaxi spokesperson confirmed what we’ve heard, telling TechCrunch in a statement: “GrabTaxi is in the midst of developing a cashless payment option, which will gradually be rolled out for beta testing in March in Singapore.”
GrabTaxi, which covers 17 cities across six countries in Southeast Asia, has already tested the water via an integration with DBS PayLah in Singapore. The upcoming beta test is not related to that rollout, however.
GrabTaxi initially entered the Southeast Asian market with a service that allowed customers to book regular taxi cabs and…