Grab users in the Philippines can now top up their GrabPay wallets using Cryptocurrencies. This is made possible by Grab’s partnership with payments provider Triple-A and local digital asset exchange PDAX.
Crypto top-ups into the GrabPay e-wallet were initially launched in Singapore in 2024 through Grab’s partnership with Triple-A, a firm that enables businesses to facilitate payments in digital currencies.
Building on this success, Triple-A teamed up with PDAX to bring a new level of convenience and flexibility to Grab users in the Philippines by enabling this innovative cash-in method.
Users can top up their GrabPay wallets using an array of cryptocurrencies including Bitcoin (BTC), Ether (ETH), US dollar-backed stablecoin USDC, and USDT.
Cashing in on Grab via crypto can be done in a few simple steps:
1. Select ‘Cryptocurrencies’ as the cash-in method on the Grab app.
2. Choose a token and network from the supported list of cryptocurrencies and stablecoins.
3. Enter the amount in pesos, and review the conversion rate and transaction details.
4. Send the tokens from your preferred crypto wallet to the provided address.
5. Top-up confirmed. Funds are instantly reflected in your GrabPay wallet.
Eric Barbier, CEO of Triple-A, shared: “We had a successful launch of GrabPay top-ups with cryptocurrency in Singapore. The response has been fantastic. Now, we’re looking forward to bringing this service to the Philippines, a market that’s ready for digital currencies. This is a big step in making digital currencies easier to use in everyday life across Southeast Asia.”
According to CJ Lacsican, Vice President for Cities and Head of the Grab Financial Group in the Philippines, integrating cryptocurrency as a cash-in option for GrabPay reflects Grab’s commitment to advancing financial inclusion in the Philippines.
“By offering more accessible, digital-first solutions, we aim to empower a wider spectrum of Filipinos — especially those with limited access to traditional banking or those who prefer the convenience of digital currencies,” Lacsican said.
Other cash-in methods for GrabPay include e-wallets, online banking via InstaPay, linked bank accounts, debit and credit cards, and select convenience stores and business centers.
Nichel Gaba, PDAX CEO, added: “The Philippines has one of the largest crypto user bases globally. Through this partnership, we’re thrilled to offer accessible use cases that will both support the existing crypto community and drive greater adoption of cryptocurrency.”
