GRABPay MasterCard

[item2sell]

grabpay online got what merchant

Nothing. Need min $25 somemore

 

[Trazora]

$5 off Grabpay online spend = 2500 points with 25% pointsback = 1875 points, so shouldn’t $100 = 20 x 1875 points = 37500 points? Did I understand it correctly?

yup

 

[Trazora]

grabpay online got what merchant

same merchants as 7.7 booster

 

[badkham07]

anyone can advise me ? If I made an online purchase (using Grabpay card), but the order was subsequently cancelled, will the debited amount be credited back into my wallet?

How long will it take and do I have to contact Grab to trigger it? It has taken almost 2 weeks now, and the money still not credited back into my wallet. Thanks.

 

[plustwo]

anyone can advise me ? If I made an online purchase (using Grabpay card), but the order was subsequently cancelled, will the debited amount be credited back into my wallet?

How long will it take and do I have to contact Grab to trigger it? It has taken almost 2 weeks now, and the money still not credited back into my wallet. Thanks.

fintech will sit on your money as long as they can for the interest

 

[iduncheckmail]

fintech will sit on your money as long as they can for the interest

Ho Ho , conspiracy theory lai liao.
so how? is Elvis still alive? And MJ is an alien?

 

[plustwo]

Ho Ho , conspiracy theory lai liao.
so how? is Elvis still alive? And MJ is an alien?

simi conspiracy. dont so simple minded can? this is just business. cashflow 101. collect money fast return money slow. inbetween can skim a few million dollars of interest.

 

[iacnij]

anyone can advise me ? If I made an online purchase (using Grabpay card), but the order was subsequently cancelled, will the debited amount be credited back into my wallet?

How long will it take and do I have to contact Grab to trigger it? It has taken almost 2 weeks now, and the money still not credited back into my wallet. Thanks.

I have a recent experience with this too .. I waited 2 weeks ( cso advised will take 7-12 days) but the money never refund . Then I go request a chargeback on the transaction and the money is refunded on the next 2 days .. I will suggest to request a chargeback on the transaction.. hope it helps

 

[Ark Law]

$5 off Grabpay online spend = 2500 points with 25% pointsback = 1875 points, so shouldn’t $100 = 20 x 1875 points = 37500 points? Did I understand it correctly?

Yeah my bad. I neglected the remaining 4, you are right with the $100 = 37.5K points

 

[badkham07]

Thank you all. I just requested a chargeback. Will update again if its indeed effective.

 

[badkham07]

I have a recent experience with this too .. I waited 2 weeks ( cso advised will take 7-12 days) but the money never refund . Then I go request a chargeback on the transaction and the money is refunded on the next 2 days .. I will suggest to request a chargeback on the transaction.. hope it helps

Thank you.

 

[xtramadness]

Thank you all. I just requested a chargeback. Will update again if its indeed effective.

Recently in June I also had a order that was cancelled and refunded. It's been almost 3 weeks and they have not refunded me. I filled a chargeback on app and 2 days later, they closed my case without giving an update/response.

I checked with merchant and they confirmed refund was issued and even gave me the transaction number for the refunds.

Anyone else have a idea what to do next? I hear from my friends that grab got issue with liquidity recently

 

[Devilsire]

in the past refunds was like processed & credited instantly automatically. however things have changed recently, my refund was not in yet after 2 weeks. file a chargeback then it was credited next day.

my suspicion is due to their liquidity


Sent from Poco F3 using EDMWER app!

 

[xtramadness]

in the past refunds was like processed & credited instantly automatically. however things have changed recently, my refund was not in yet after 2 weeks. file a chargeback then it was credited next day.

my suspicion is due to their liquidity


Sent from Poco F3 using EDMWER app!

Wah at least urs came thru leh. Mine was just closed and no refund came thru.

I just called the hotline last night they say let me know in 2-3 days. Today would be officially 30 days since refund was issued by the merchant.

 

[plustwo]

in the past refunds was like processed & credited instantly automatically. however things have changed recently, my refund was not in yet after 2 weeks. file a chargeback then it was credited next day.

my suspicion is due to their liquidity


Sent from Poco F3 using EDMWER app!

grab has no more cash to burn now must borrow from users

just realised the reward points can use as instant rebate for paynow transaction under the qr scanner. is it new?

 

[plustwo]

Wah at least urs came thru leh. Mine was just closed and no refund came thru.

I just called the hotline last night they say let me know in 2-3 days. Today would be officially 30 days since refund was issued by the merchant.

don't bother the with the hotline or email. all these fintech outsource their support to the lowest tier of call centers. they are only trained to cut and paste their template answer to you. file chargeback with bank.

 

[reddevil0728]

grab has no more cash to burn now must borrow from users

just realised the reward points can use as instant rebate for paynow transaction under the qr scanner. is it new?

Cash liquidity [1] totalled $9.0 billion at the end of the fourth quarter, while our net Cash liquidity [2] was $6.8 billion.

https://www.grab.com/sg/press/others/grab-reports-fourth-quarter-and-full-year-2021-results/
They burnt 6.8bil in cash in 6 months???

 

[plustwo]

Cash liquidity [1] totalled $9.0 billion at the end of the fourth quarter, while our net Cash liquidity [2] was $6.8 billion.

https://www.grab.com/sg/press/others/grab-reports-fourth-quarter-and-full-year-2021-results/
They burnt 6.8bil in cash in 6 months???

they lost 4b last year. this year they dip into even more ****. and don't have to lose it. users taking money out of ecosystem will also screw up their liquidity.

 

[reddevil0728]

they lost 4b last year. this year they dip into even more ****. and don't have to lose it. users taking money out of ecosystem will also screw up their liquidity.

is that "grab has no more cash to burn now must borrow from users "

based on disclosed information or speculation?

 

[plustwo]

is that "grab has no more cash to burn now must borrow from users "

based on disclosed information or speculation?