710362GrabClosedGRD Proof of ConceptInnovate UKThe problem: UK SME eateries, coffee shops and bars are under pressure to reduce costs and compete with global chains but are forced into paying high transaction fees and lack the market awareness needed to increase footfall. The idea: Grab will develop a unique, secure smartphone ordering and digital payment platform with sophisticated analytic capabilities and zero transaction fees. How project will address the problem: This project will prove the concept and potential Return on Investment of the innovative Grab platform, including its world-leading synchronisation capability.