0% Interest-free instalment plan picks for your Shopify store in Singapore: GrabPay

With virtual wallets and payment gateways fast becoming the choice for consumers to make a transaction, we take a look at some of the 0% interest-free instalment options available out there and the benefits of having them on your Shopify store.

While there are many payment gateways out there, let’s talk about the giant that everyone is familiar with; GrabPay, and why you should include their solution in your store.

The main benefit of incorporating Grab’s payment solution into your store is that they have 2 options under them: GrabPay & PayLater. The latter also further breaks down into 2 different schemes as shown in the table below.

This allows consumers to make larger purchases at a go without worrying too much about the hefty price tag. Furthermore, by also using Grabpay to check out, consumers get incentivised with points when they make a purchase, which can be used to redeem rewards.

What is the difference between GrabPay & PayLater
Grab has 2 payment options under them; GrabPay and PayLater.

GrayPay PayLater
GrabPay Online ($5k Limit) 4 times 0% interest free instalment plan or
Pay the next month


GrabPay is essentially Grab’s cashless payment methods including credit / debit cards, partner wallets like PayPal, and your GrabPay balance. Simply top up your GrabPay wallet and start making payments from there. You can read more about it here: https://www.grab.com/sg/pay/



PayLater is Grab’s postpaid, interest-free option, to help with making the buyer’s large bill, smaller upon check out.

Here’s an easy breakdown:

1. There are 2 Postpaid Options

4 x split payment

4 times 0% interest free instalment plan:
While most players in the marketing offers 3 times split payment for a purchase, GrabPay’s instalment is split into 4 instead, allowing the consumer to make bigger purchases in a single cart.

1 month Postpaid

Pay the next month:
If consumers prefer not to worry about payment for too long but with a need to strike while the iron is hot, there is the option for them to buy first and pay the full amount the next month.

If you’d like to read more about PayLater, you can do so here: https://www.grab.com/sg/finance/pay-later/

2. Commission fee

Finally, Grabpay’s commission fees are lower than its competitors, ranging from 2.5-6%, depending on the sales volume achieved.

Both options help to ease the consumer’s payment load, allowing them to make quicker purchase decisions which ultimately increases sales for you.

Not only is it easy to manage, but it also comes with business insight tools to help you drive sustainable growth!

To get started on incorporating Grabpay into your store, reach out to us via https://enginestudios.sg/pages/contact or WhatsApp us at +65 9230 0959.

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