The company first announced the enablement of PayLater by Grab back in 2021 but the programme was only available for online merchants. Current GHL merchants encompass various sectors, including All IT Hypermarket, Thunder Match Technologies, Afterspring International, Astro GS Shop, and others. Through the expanded partnership with Grab Malaysia, an all-in-one platform focusing on deliveries, mobility, financial services, and more, merchants that use GHL’s terminals can no offer their shoppers more payment options when paying for their purchases in physical stores.
According to GHL Malaysia, in a post-pandemic time, clients’ needs and expectations transformed massively, so there is a strong need on the market to provide alternative and flexible payment methods to help them stay on top of their budgets. Grab’s PayLater Buy Now, Pay Later programme delivers this, helping customers gain more purchasing power, while also boosting sales for merchants.
The COVID-19 pandemic hit hard worldwide, with borders shutting down and leaving millions of people unemployed and thousands of SMEs ruined or shut down for good. Amidst the gradual recovery in consumer spending after the reopening of borders and travel bans lifted in 2021-2022, a flexible payment experience for customers is more prevalent than ever.
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