Grab Philippines is looking at a 50-percent recovery of passenger volume by yearend with the launch of a new cash-in feature.
Ronald Roda, Grab Philippines head of transport and shared services said at press briefing said at present, only 40 percent of Grab drivers are able to drive while the volume of passenger is at 30 percent.
“It’s a function of supply and discussion with the government…,” Roda said, referring to the possible increase in capacity.
Grab admitted the mandatory shift to cashless payment has affected ridership. Prior to pandemic, 70 percent of passengers are paying cash and only 30 percent cashless.
The cash-in feature will be fully rolled-out by November allowing cash-paying commuters to enjoy GrabCar services by simply activating their GrabPay wallets during the ride, paying cash to their drivers, and receive their change credited to their GrabPay wallets.