Grab to start refunding ‘overcharged’ passengers on Dec. 31 | Inquirer News

Grab to start refunding ‘overcharged’ passengers on Dec. 31

By: - Reporter / @DYGalvezINQ
/ 01:10 PM December 26, 2019

MANILA, Philippines — Starting December 31, 2019, ride-hailing firm Grab Philippines will start reimbursing passengers who were overcharged on certain periods this year.

Last November, the Philippine Competition Commission (PCC) fined Grab a total of P23 million for breaching pricing commitments.

P5 million of the total fine will be used by Grab to refund its clients.

Article continues after this advertisement

READ: Antitrust body fines Grab P23M, orders P5-M refund to riders

FEATURED STORIES

The PCC recently slapped the ride-hailing firm a P16.15-million for overpricing and booking cancellations.

READ: Grab Philippines fined P16 M for violating pricing commitments, ride cancellations

Article continues after this advertisement

In a statement on Thursday, Grab said select users who took rides in Metro Manila from Feb. 10 to May 10 and May 11 to Aug. 10 may claim their refund through GrabRewards Catalogue.

Article continues after this advertisement

They will be required to complete the basic Know Your Customer process.

Article continues after this advertisement

Those who have completed the process can directly redeem the amount which will be credited to their GrabPay Wallet accounts.

“As approved and ordered by the PCC, the passenger disbursement is computed from the proportion of the total fare of the passenger incurred within the time period, multiplied by the total fine to be disbursed,” Grab said in a statement.

Article continues after this advertisement

READ: Grab passengers to get P1 – P100 refund after PCC order

GSG
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Disbursement, Grab, order, overpriced, overpricing, PCC, refund, Reimbursement

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.