Procurement News Notice |
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| PNN | 6014 |
| Work Detail | New York-based banking giant Citibank announced a partnership deal with ride-hailing app Grab, that will allow Citibank credit card holders to pay for Grab fares by redeeming credit card points, the lender and company said in a joint statement on Monday (05/09). To avail of the service, Citibank credit card holders can redeem points by registering with Grab's payment service, GrabPay. To pay for Grab rides, customers can redeem points at a rate of 360 points for every S$1 (70 US cents) billed. New customers who sign up for Citibank credit cards will automatically receive free rides with Grab up to S$50. |
| Country | United States , Northern America |
| Industry | Financial Services |
| Entry Date | 15 Oct 2016 |
| Source | http://jakartaglobe.beritasatu.com/business/citibank-customers-can-now-pay-grab-fares-redeeming-credit-cards-points/ |
