Grab: Using transportation to drive mobile payments in Southeast Asia

 

Grab

Most in the region will know Grab as Southeast Asia’s ride-hailing leader. It has achieved rapid growth — now in 30 cities across 6 countries — and offers cashless payments with GrabPay. To make ride-hailing more efficient and seamless, GrabPay was developed to remove the friction and time spent transacting cash.However, many in the region still depend on physical cash for daily living expenses; the World Bank estimating that only 27% of the population has a bank account. To speed mobile payments adoption, Grab is taking a hyperlocal approach to partner with local businesses to expand the use of mobile payments while making it easier to convert stored value into cash.

Joel Yarbrough is the Head of Payments & Commerce Product, Grab.  Join him at GPS to learn more about:

  • Grab’s insights on payment behaviors in the region
  • Using transport to drive cashless payments and ensure financial inclusion
  • Plans for GrabPay across Southeast Asia

 

Joel Yarbrough is the Head of Payments & Commerce Product, Grab. In his role, he drives product strategy and oversees the end-to-end product experience for Grab’s passengers, drivers and partners. Through the Grab platform, he seeks to help drivers and partners build opportunities for themselves, while delivering safe and accessible transport to Southeast Asia. Joel brings over 20 years of solution and product management experience to Grab, having served in senior management roles in leading Internet, finance, and management consulting firms. Throughout his career, Joel has been passionate about connecting the dots to make product vision a reality. He relishes the challenge of taking apart complex technology systems and rebuilding them to address real problems. Prior to joining Grab, Joel spent over six years at PayPal overseeing product strategy and product delivery in APAC, as well as delivery of solutions for large online and omnichannel partners. Joel was also a founding board member of PayPal’s non-profit and charitable giving fund. Joel holds a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania, and currently lives in Singapore with his wife and two daughters.

 

  • GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @mbrinkmann: Why China’s payment apps give U.S. bankers nightmares and why fintech giants like #Wirecard and others are well positioned… 6 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit PayU launches in Kenya to access the growing East African markets https://t.co/ZefDHvfSua #fintech #payments 6 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechSIN: Calm Down, @GrabSG Isn’t Trying to Become a Bank—Not in The Way You’re Thinking, at Least https://t.co/CDsjcNc1xn #virtualb 6 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: Blockchain To Help #Banking Services In Africa https://t.co/yJxKw7Y7SN #blockchain #fintech #financialservices 7 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: . @palmpayapp , Visa collaborate to enhance #financialinclusion all over Africa https://t.co/AOcwx6Kdb0 #fintech #financ 7 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechSIN: A Shocking 72% of APAC Companies Struggle to Harness Financial Crime Prevention Tech. https://t.co/7lYsO7S2kU @Refinitiv #f 7 days ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit .@Adyen expands its global #payment offering to Africa through a partnership with @Cellulant, a Pan-African… https://t.co/okszpdLcNi 1 week ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit S Korea bemoans slow pace of its #fintech market https://t.co/3zbAtoqvIN via @Finextra 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @kapronasia: What are Revolut's prospects in Asia? - https://t.co/JdDkTPptMN 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit EU-AU New Africa-Europe #digitaleconomy Partnership (DETF) https://t.co/W5UEpfq8D6 2 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @FintechNewsAF: African #Startup Enables Customers to Request Financial Services on WhatsApp https://t.co/PG9tr3Js4u #fintech #banking #… 3 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Save the date for the inaugural Africa GPS Summit on 27-28th August 2019 in Johannesburg, South Africa… https://t.co/UKyVjhIDTs 4 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Amazin to see governors endorsing this... Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Servic… https://t.co/7Y8we5qxds 10 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @everexio: Great coverage by @nationnews about Everex signing an agreement with Krungthai Bank, Thailand, a second largest bank in the c… 10 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit Save your dates for the 7th Asia - Global Payment Summit on 10 - 11th Oct 2019 in Bali! The summit is hosted in cl… https://t.co/CmWXVZ1icV 10 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @Think_KAE: Our weekly round-up of the latest FinTech news, featuring Google, Alipay, RBS and N26! #Google #Payments #Remittance #FinTe 22 weeks ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @ThePaypers: .@everiToken platform allows anyone to “tokenize” their assets, such as buildings, company shares, or even artwork. Find ou… 1 month ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @i_am_pass: Just presented the worlds first tangible IDENTITY x DLT/ IOTA prototype in Germany for secure Identity and Access Management… 1 month ago
    GlobalPaymentSummit GlobalPaymentSummit @GlobalPaySummit RT @SovrinID: Read our latest Blog post: Collaboration and Interoperability on #Sovrin https://t.co/qb0MOC7OJV 1 month ago
  • Also interesting
    Announcing the ASIA - Global Payment Summit
    Written on 10 April '19 by
    READ MORE
    Global Payment Challenges
    Written on 10 September '18 by
    READ MORE
    PSD2 & Open Banking - Impact & Influence for Asia
    Written on 10 September '18 by
    READ MORE
  • Speakers 2018