BusinessMirror
  • News
    • News
    • Top News
    • Regions
    • Nation
    • World
    • Asia Today
  • Business
    • Business
    • Agri-Commodities
    • Asean Economic Community
    • Banking & Finance
    • Companies
    • Economy
    • Entrepreneur
    • Executive Views
    • Export Unlimited
    • Harvard Management Update
    • Monday Morning
    • Mutual Funds
    • Stock Market Outlook
    • The Integrity Initiative
  • Sports
  • Opinion
    • Opinion
    • Columns
    • Editorial
    • Editorial cartoon
  • Life
    • Life
    • Art
    • Design&Space
    • Digital Life
    • Journey
    • Motoring
    • 360° Review
    • Property
    • Show
    • Tech
    • Tourism
    • Y2Z
  • Features
    • Biodiversity
    • Education
    • Envoys & Expats
    • Explainer
    • Faith
    • Green
    • Health & Fitness
    • Mission: PHL
    • Our Time
    • Perspective
    • Photo Gallery
    • Science
    • Today in History
    • Tony&Nick
    • When I Was 25
    • Wine & Dine
  • BMPlus
    • BMPlus
    • SoundStrip
    • Live & In Quarantine
    • Bulletin Board
    • Marketing
    • Public Service
    • CSR
  • The Broader Look
Subscribe
BusinessMirror
BusinessMirror
  • News
    • News
    • Top News
    • Regions
    • Nation
    • World
    • Asia Today
  • Business
    • Business
    • Agri-Commodities
    • Asean Economic Community
    • Banking & Finance
    • Companies
    • Economy
    • Entrepreneur
    • Executive Views
    • Export Unlimited
    • Harvard Management Update
    • Monday Morning
    • Mutual Funds
    • Stock Market Outlook
    • The Integrity Initiative
  • Sports
  • Opinion
    • Opinion
    • Columns
    • Editorial
    • Editorial cartoon
  • Life
    • Life
    • Art
    • Design&Space
    • Digital Life
    • Journey
    • Motoring
    • 360° Review
    • Property
    • Show
    • Tech
    • Tourism
    • Y2Z
  • Features
    • Biodiversity
    • Education
    • Envoys & Expats
    • Explainer
    • Faith
    • Green
    • Health & Fitness
    • Mission: PHL
    • Our Time
    • Perspective
    • Photo Gallery
    • Science
    • Today in History
    • Tony&Nick
    • When I Was 25
    • Wine & Dine
  • BMPlus
    • BMPlus
    • SoundStrip
    • Live & In Quarantine
    • Bulletin Board
    • Marketing
    • Public Service
    • CSR
  • The Broader Look
  • Companies

Grab asks users to claim refund

  • Lorenz S. Marasigan
  • May 22, 2023
  • 280 views
  • 2 minute read
Total
0
Shares

Super app Grab said on Sunday it has taken the “necessary steps” to immediately comply with the order of the Philippine Competition Commission (PCC) to notify affected riders of their unclaimed refunds.

In a statement, Grab Philippines said affected riders may opt to claim their refund from the in-app GrabRewards Catalogue. According to Grab, some of the rebates, sent three years ago, have yet to be claimed by affected users.

The reminders were sent to users via in-app notifications, emails, and SMS, and were also posted on Grab’s social media platforms and published in major newspapers.

Refund beneficiaries were likewise reminded that the rebates will expire on July 18, and unclaimed amounts will be remitted to the Philippine National Treasury per the PCC Resolution dated February 2, 2023.

“We never abandoned our obligation to return the P25 million to the passengers affected. The challenge for us was to refund the remainder to Grab users without GrabPay wallets,” Grab Philippines Director for Public Affairs Sherielysse Bonifacio said.

To recall, Grab was ordered by the PCC to reimburse users for GrabCar bookings in 2018 and 2019 for failing on some of its voluntary commitments, after it merged with lone competitor Uber.

In total Grab had to reimburse P25.4 million to users. To date, P6.66 million has yet to be refunded due to issues with the mechanism by which the refund will be coursed through.

Grab told the anti-trust body that it had difficulty in the disbursements, as some users were not using GrabPay, a native e-wallet within the Grab app.

Bonifacio added that the platform “had been in constant communication with the PCC and had filed several motions requesting the PCC for guidance as to how to return the remaining P6.66 million to Grab users.”

In its resolution, the PCC has directed Grab to refund affected users within 60 days from the initial publication of the first notice to claim their refunds.

Within 10 days from the lapse of the 60-day period to claim refunds, Grab shall submit a report on the claimed and unclaimed amounts. Should there be remaining unclaimed amounts, Grab will convey the said amounts to the PCC for remittance to the National Treasury.

Aside from the refund order, the PCC also slapped a fresh P9-million peso fine on Grab Philippines, citing its failure to fully refund its customers more than three years after the PCC first ordered the reimbursement.”

The latest fine is on top of the P63.7 million in penalties that the PCC had imposed on Grab over the years since it acquired the Philippine operations of then-lone rival Uber in 2018. 

0
0
0
0
0
0
0
0
Related Topics
  • Featured
Previous Article
  • Companies

F2F classes boost STI income

  • VG Cabuag
  • May 19, 2023
Know more
Next Article
  • Companies

NGCP’s track record shows franchise compliance–SGP

  • Lenie Lectura
  • May 22, 2023
Know more

Know more

Know more
  • 7
  • 2 min
  • Companies

PLDT digital evolution to enhance eGov app, EODB, govt transactions

  • Lorenz S. Marasigan
  • June 5, 2023
Know more
  • 11
  • 2 min
  • Companies

MORE Power to customers: Bill deposit for refund soon

  • Lenie Lectura
  • June 5, 2023
Know more
  • 9
  • 2 min
  • Companies

Vivant Energy investments to power Palawan, Cebu socioeconomic devt

  • Lenie Lectura
  • June 5, 2023
Know more
  • 9
  • 2 min
  • Companies

CEO: AI will alter Pinoys’ way of life, working

  • Lorenz S. Marasigan
  • June 5, 2023
Know more
  • 7
  • 2 min
  • Companies

PSE pauses SPNEC’s trading; lifts DFNN trading suspension

  • VG Cabuag
  • June 5, 2023
Know more
  • 10
  • 3 min
  • Companies

Stock-Market Outlook

  • VG Cabuag
  • June 5, 2023
Know more
  • 8
  • 3 min
  • Companies

Krungsri, Mitsubishi UFJ acquire Home Credit

  • VG Cabuag
  • June 5, 2023
Know more
  • 7
  • 2 min
  • Companies

Cebu Landmasters to break ground in Luzon come 2024

  • VG Cabuag
  • June 5, 2023
Know more
  • 12
  • 2 min
  • Companies

Colliers Phils.: Flexible work setups significant in addressing attrition

  • Rizal Raoul S. Reyes
  • June 5, 2023
NAVPS Performance
Know more
  • 112
  • 0 min
  • Mutual Funds

Net Asset Value Per Share (NAVPS) Performance (as of June 2, 2023) 

  • Philippine Investment Funds Association
  • June 2, 2023
Know more
  • 96
  • 0 min
  • Companies

Vistamalls, Inc. issues Notice of Annual Meeting of Stockholders

  • BMPlus
  • June 2, 2023
Know more
  • 96
  • 2 min
  • Companies

NHMFC,  Biñan City LGU and Baque Corporation  kickstart 4PH in Southern Tagalog Region

  • BMPlus
  • June 2, 2023
Know more
  • 150
  • 2 min
  • Companies

Globe urges government to adopt connectivity rating scheme

  • Lorenz S. Marasigan
  • June 2, 2023
Know more
  • 142
  • 2 min
  • Companies

MPIC: Vote on delisting deferred

  • VG Cabuag
  • June 2, 2023
Know more
  • 147
  • 2 min
  • Companies

REDC, Gugler to develop pumped storage facility

  • Lenie Lectura
  • June 2, 2023
Know more
  • 138
  • 1 min
  • Companies

fast-tracking network rollout

  • Lorenz S. Marasigan
  • June 2, 2023
Know more
  • 145
  • 2 min
  • Companies

Megaworld’s office assets to beef up MREIT portfolio

  • VG Cabuag
  • June 2, 2023
NAVPS Performance
Know more
  • 134
  • 0 min
  • Mutual Funds

Net Asset Value Per Share (NAVPS) Performance (as of June 1, 2023) 

  • Philippine Investment Funds Association
  • June 1, 2023
Know more
  • 232
  • 0 min
  • Companies

Vistamalls, Inc. issues Notice of Annual Meeting of Stockholders

  • BMPlus
  • June 1, 2023
Know more
  • 187
  • 2 min
  • Companies

Century Properties buys out partner in housing venture

  • VG Cabuag
  • June 1, 2023

Subscribe

BusinessMirror
  • About Us
  • Contact Us
  • Advertise with us
  • Privacy Policy
  • Cookie Policy
  • Podcast
  • Text-Only Homepage

Input your search keywords and press Enter.