Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.
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Grab users in the Philippines can now top up their GrabPay wallets using cryptocurrency, following a new partnership between Super app Grab, crypto payments firm Triple-A, and local digital asset exchange Philippine Digital Asset Exchange (PDAX).
- BitPinas previously reported this news, but today the organizations have officially issued a press release regarding it.
Crypto Top Up in GrabPay
In a media release, the companies confirmed that the feature is now officially live on the Grab app. Its rollout was initially reported in June, when the top-up option was first spotted on Grab’s website.
The firms noted that crypto top-ups for GrabPay were first introduced in Singapore in 2024 through Grab’s partnership with Triple-A. Following its success, Triple-A partnered with PDAX to extend the feature to the Philippines.
The feature allows users to convert digital currencies directly into Philippine pesos and fund their GrabPay accounts. Supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and stablecoins USDC and USDT.
“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.”
Eric Barbier, CEO, Triple-A
Barber added that the move marks a significant step toward making crypto more accessible for everyday use across Southeast Asia.
“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.”Â
CJ Lacsican, Vice President for Cities and Head of the Grab Financial Group in the Philippines
Nichel Gaba, PDAX CEO, also highlighted the country’s large and active crypto user base, noting that the partnership with Grab and Triple-A creates practical use cases that can further drive crypto adoption.Â
The media release stressed that the collaboration ensures secure and compliant transactions, with Triple-A licensed by the Monetary Authority of Singapore and FinCEN, and PDAX regulated by the Bangko Sentral ng Pilipinas.
How to Top Up
- Open the Grab app on your mobile device.
- Go to GrabPay Wallet and select “Cash In.”
- Choose “Cryptocurrencies” as your cash-in method.
- Select your preferred crypto token (e.g., BTC, ETH, USDC, or USDT) and the network (e.g., Ethereum, Tron, etc.).
- Enter the amount in pesos (PHP) that you want to add to your GrabPay Wallet.
- Review the conversion rate and transaction details shown on the screen.
- Copy the crypto wallet address provided by the app.
- Open your personal crypto wallet and send the selected token to the address.
- Wait for the transaction to be processed.
- Once confirmed, the peso equivalent will instantly appear in your GrabPay Wallet, ready for use.
Grab in Web3
Grab has a history of partnering with blockchain projects and supporting cryptocurrency-based features across its platform. As a super app, Grab offers services like ride-hailing, parcel delivery, food orders, and mobile payments.
- 2018: Grab partnered with LoyalCoin, allowing users to buy ride vouchers using $LYL and launched a merchant referral bounty program.
- 2022:
- Grab Financial Group’s Martha Borja confirmed that GrabPay supported crypto cash-ins and cash-outs via local exchanges like PDAX and Coins.ph, focusing on crypto acceptance rather than trading.
- Filipinos could buy crypto using GrabPay through MetaMask and Coinbase Wallet, enabled by Transak’s fiat on-ramp.
- 2023: Grab launched a Web3 crypto wallet in Singapore, supporting Polygon and NFT vouchers via the Monetary Authority of Singapore (MAS); this feature is not available in the Philippines.
- 2024: Singapore’s crypto industry group ACCESS became the first trade association to accept stablecoin payments via GrabPay, following the app’s integration of stablecoin top-ups.
This article is published on BitPinas: How to Cash In to GrabPay Using Crypto in the Philippines via PDAX and Triple-A
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