Grab the Philippines has started to roll out its new PayLater service in the country.
The new feature allows users to consolidate all their Grab-related spending and pay for the whole bill the following month. The new feature is currently applicable for GrabCar, GrabShare, GrabCar Premium, GrabExpress. GrabFood transactions, on the other hand, are said to be onboarding soon with the feature. There will also be corresponding interest charges once the bill has been generated.
To pay for the bill, one must top up to GrabPay and settle the outstanding balance inside the app. Grab is also offering PayLater in other countries such as Singapore and Malaysia but stresses out that the feature is only applicable to the user’s country of origin.
Grab says that the PayLater service is only available for eligible users, which were decided on “various factors, such as how long you have been a Grab user, the number of rides you have taken with Grab, your GrabRewards tier and more.”
The PayLater service is now rolling out to eligible users in the Philippines. More as we get it.