Standard liability clause

Did you read properly 🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️ can’t even differentiate between virtual and debit card 🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️🤦‍♀️ as I already mentioned before that debit card will be before CNY 🤦‍♀️

Not necessary true 🤦‍♀️ as some might put it in only just to get bonus 🤦‍♀️ and moved it quickly 🤦‍♀️

When they apply for digital bank license and PIDM they have already more than that in the bank itself 🤦‍♀️

It is trial period just like what TnG did but they word it just in case they need to start charging the users

To those who think they will use it a lot go ahead and apply but otherwise most will forget about it unless CC cashback is getting lower

Yes on the way for me 🤦‍♀️ before CNY is for open to public

Initial internal testers have theirs on hand already

Singapore run banks recently not that reliable 🤦‍♀️ look at DBS during the past downtime was always peak transaction period

Nothing to do with reject doing at night 🤦‍♀️ the reason why they chose that time is to make sure the downtime is least down as much as possible and easier to troubleshoot during if anything goes wrong

At least they more responsible and reliable taking on and trying minimise downtime to hit their 99% availability at all times

Nothing to do with govt one sided policy 🤦‍♀️ Grab in fact approaches Khazanah 1st and they got turned by them hence they approached Temasek for seed money before they got it and started established HQ in Singapore with generous tax breaks unlike the govt here shortsighted 🤦‍♀️

They can either apply for extension or worse case lose money for license revocation 🤦‍♀️ as the one that is most likely would happen would be Aeon as Moneylion has pulled out from the venture itself earlier on

This post has been edited by xander2k8: Dec 21 2023, 12:48 PM

Nothing to do with govt one sided policy 🤦‍♀️ as Khazanah is supposed to be apolitical when it comes to managing sovereign fund

Also not one of the biggest 🤦‍♀️ of ride hailing apps as it is only biggest in SEA as cannot growth further than that as there bigger players out there like Careem, Ola and Didi Chuxing

How would it be beneficial when it barely making money and unable to pay taxes due to declare losses

Technically they are profitable now only adjusted EDIBTA by quarters but still negative cash flow 🤦‍♀️ so they are not bothering about profitability but positive FCF it is more important

Why they want to go Singapore is simple lowest corporate tax and as financial hub for SEA hence where the money is not Malaysia as they wouldn’t hired more skill workers but instead embracing AI to keep the headcount low otherwise why would think recently fire ppl 🤦‍♀️

Already ebitda positive on quarterly basis 🤦‍♀️ during last quarter and now aiming for positive FCF

Read the PDS 🤦‍♀️ for now yes because they waive FX admin fee of 1.2%

You need to check the FX rate using MasterCard website for the actual exchange rate transacted and make sure no 1.2% being charged for the time being

Don’t be so happy 🤦‍♀️ as excluded spend includes EWallet, govt services, insurances and certain online transaction that Grab can deemed anytime excluded spend

Nothing is free in this world as long is below 1% admin fee still worth it to use

Unlikely 🤦‍♀️ even GXS cutting down after 6months particularly interest paid out as they have the clause to claw back and scale down as it sees fits

Physical spending no issue only online spend you have to look and watch out for the cash back

No Apple Pay support as GX doesn’t intend to do you either use the card or the GX app to pay

Nothing to do with card issued from South Korea 🤦‍♀️ it is MasterCard assigned the numbers which they can recycle and they haven’t changed the details yet as they are still issuing it to GX so it will take a while to change the reassigning region

Yes that is reason just wait for MasterCard to fix it

They aware of it 🤦‍♀️ and they are waiting MasterCard to fix it because the numbers are assigned to them by MC

Nothing wrong on your end and the bank itself haven’t onboard their transferee list yet

Doesn’t matter if it is public holiday 🤦‍♀️ as they are releasing it via online app application as they can even have 24/7 CS compared to physical banks

Releasing it by batches is better move rather than what happened to TnG by releasing to all cause backlog for months

Yes they are phases as some internal GX staff haven’t even got their card yet

You are not the 1st batch 🤦‍♀️ as you are on the early bird public to apply the card which consider as already 3rd batch itself

Those who register GX bank during Nov will be 3rd batch which is the early birds to apply the card 1st

Just wait because they will rollout QR hopefully next month once the card integration is done

Wait until your transaction settlement is completed 1st 🤦‍♀️ certain merchants will be completed up to 3 days

Yours considered as exceptional case which takes up to 2 weeks

Just wait until next week if not contact CS

Doesn’t matter whether virtual or physical 🤦‍♀️ as long as eligible retail spend and e-commerce cashback applies

Mentioned many times 🤦‍♀️ 1% cashback unlimited for retail and e-commerce spending