GrabPay users in the Philippines can now top up their wallets using cryptocurrency through a partnership with payments provider Triple-A and local digital asset exchange PDAX. This follows the successful launch of crypto top-ups in Singapore in 2024. Triple-A, a company that facilitates digital currency payments, has partnered with PDAX to provide a new level of convenience and flexibility for Grab users in the Philippines.
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:
- Select ‘Cryptocurrencies’ as the cash-in method on the Grab app.
- Choose a token and network from the supported list of cryptocurrencies and stablecoins.
- Enter the amount in pesos, and review the conversion rate and transaction details.
- Send the tokens from your preferred crypto wallet to the provided address.
- Top-up confirmed. Funds are instantly reflected in your GrabPay wallet.
Eric Barbier, CEO of Triple-A, shared: “We successfully launched GrabPay top-ups with cryptocurrency in Singapore. The response has been fantastic. We’re looking forward to bringing this service to the Philippines, a market ready for digital currencies. This is a big step in making digital currencies easier to use in everyday life across Southeast Asia.”
CJ Lacsican, Vice President for Cities and Head of the Grab Financial Group in the Philippines, shares, “Integrating cryptocurrency as a cash-in option for GrabPay reflects our 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.” 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.
Meanwhile, PDAX is an all-in-one wealth platform. With millions of users nationwide, it provides access to digital assets and modern investment solutions, empowering progressive Filipinos to take charge of building their wealth through cryptocurrencies, tokenized bonds, and other digital assets. Nichel Gaba, PDAX CEO, shares, “The Philippines has one of the largest crypto user bases globally. Through this partnership, we’re thrilled to offer accessible use cases that will support the existing crypto community and drive greater cryptocurrency adoption.”
This tripartite partnership strengthens safe and secure crypto transactions in connection with everyday services like on-demand mobility and deliveries — with Triple-A licensed by organizations like Monetary Authority of Singapore (MAS) and the Financial Crimes Enforcement Network (FinCEN); and PDAX regulated by the Bangko Sentral ng Pilipinas, ensuring that every top-up meets global standards for cybersecurity, fraud prevention, and data protection.
