One of the most recognisable lifestyle "Superapp" in Southeast Asia boasting over 100 million users, Grab offers a variety of services including ride hailing, food and grocery services, hotel and travel recommendations, investment and insurance, and online payments, with each consumer activity supported by a robust Grab rewards and promotion offering. Especially relevant for markets that are underbanked, Grab is bridging the gap for economies that are still very cash dependent yet striving for a cashless society. With payments offered by Grab.
Grab offers three ways for the consumer to pay to their network of merchants, on both ecommerce and POS:
An eWallet that allows users to store balance and pay for goods and services immediately
A brand new Buy Now Pay Later (BNPL) product that allows users to spread their payments over 4 instalments, with no interest and no hidden fees (as long as payments are made on time)
Pay in full at the end of the month, in the following month (currently ecommerce only)- another brand new BNPL offered by Grab
Adyen offers the following with our GrabPay integration:
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