Head of GrabPay Jason Thompson (Grab Photo)

Grab Appoints Seasoned Executive to Lead GrabPay


APRIL 03, 2017

Jakarta. Singapore-based ride-sharing service Grab recently appointed Jason Thompson to head the company's online payment system in a bid to increase public access to GrabPay services across Southeast Asia.

"I’m excited at the prospect of building our payments business from the ground up. A large portion of Southeast Asia’s 620 million people remain unbanked and continue to use cash – a costly and unsafe way to pay," Thompson said on Monday (03/04).

"With GrabPay, we have an incredible opportunity to provide a safe, affordable and convenient mobile payment solution for people across the region."

Thompson, a former managing director at US-based electronic payments company Euronet, has more than 15 years of experience in leadership roles, including senior positions at Microsoft and Canon.

"It’s a pleasure to have Jason join Grab and lead this pivotal business for us. Not only does Jason bring deep expertise in online to offline payment operations, he is also a seasoned leader with experience in building teams of payment experts," Grab co-founder and current chief executive Anthony Tan said.

"We will need that expertise as we continue on our mission to change the way people travel and pay in Southeast Asia."

In November last year, Grab launched GrabPay Credits, a mobile payment system that allows users to store and deposit usable money in an online account. A month later, Grab released GrabRewards, a loyalty program for its customers.

Last month, Grab announced that it would expand its research and development centers in India and Vietnam, with plans to employ more than 800 researchers on its payments team over the next two years.

The Jakarta Globe and Grab are affiliated with the Lippo Group.