PPRO joins forces with GrabPay in paytech partnership
Payments platform PPRO has signed a partnership agreement with e-wallet firm GrabPay, aimed at expanding the former’s footprint in the Asia-Pacific region.
PPRO will roll out GrabPay in two stages. The first will support GrabPay’s one-time payments solution for the Singapore market and the company’s recently launched check-out service. In the second phase, PPRO will support GrabPay’s tokenised payment option.
“Even today, only 27% of people in South East Asia are ‘banked’ – meaning there is currently a huge untapped market of consumers who would benefit greatly from this partnership,” says Tristan Chiappini, vice president and head of partnerships for Asia at PPRO.
Related: PPRO acquires LatAm paytech Allpago
PPRO claims to remove the complexity of cross-border and domestic digital payments by acquiring, collecting and processing a range of local payments methods for payment service providers (PSPs) under one contract.
Founded in 2006 and headquartered in London, PPRO has an e-money licence issued by the UK’s Financial Conduct Authority (FCA).