PayLater by Grab
BNPLPay later next month or in 4 instalments
Integrate·Add it at checkout through its merchant integration, or via a gateway that bundles it.
On request
no comparable published rates · verified 2026-07-17 · official source
| FPX (online banking) | — |
|---|---|
| Card (local credit/debit) | — |
| E-wallet | — |
| DuitNow QR | — |
| BNPL | 3.0%–4.0% * |
| Setup fee | Contact sales |
| Monthly / annual fee | Contact sales |
| Minimum transaction | — |
| Settlement | Within 5 working days |
PayLater by Grab is the Buy Now, Pay Later option within the Grab app and at participating online and in-store merchants. Shoppers can pay in full next month (interest-free) or split a purchase into 4, 8 or 12 instalments (the 4-instalment plan is interest-free for VIP brands).
For merchants, Grab charges a per-transaction service fee, but the merchant discount rate is not published anywhere on its official Malaysian site; businesses apply via the merchant form, after which a Grab representative provides pricing, so the merchant fee is shown as “Contact sales”. Grab does officially state that merchants are settled within 5 working days with no repayment risk.
Integration is merchant-friendly: Grab offers no-code pre-built plugins (Shopify, WooCommerce, Magento, EasyStore, Wix) and DuitNow QR, as well as a direct API. The only specific MDR figures available (roughly 3%–4%) come from a third-party comparison and should be treated as indicative.