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Southeast Asia Super App GrabPay Extends Partnership with Fintech Adyen to Enable Flexible Payment Options Southeast Asia’s Grab, the developer of a Super App, has decided to extend its partnership with Adyen (AMS: ADYEN), a leading payments platform, in order to enable merchants in Singapore and Malaysia to provide BNPL payment options. Available via the GrabPay wallet, merchants can offer BNPL payment options at the time of checkout, enabling clients to buy what they want, when they want, and pay for it later without having to pay interest or extra fees. Clients can select between interest-free payment plans over such as four easy installments or just pay the following month (with the PayLater Postpaid plan). ....
Grab Deepens Partnership With Payments Firm Adyen to Expand Its BNPL Offering fintechnews.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fintechnews.sg Daily Mail and Mail on Sunday newspapers.
SG Digest: Grab-Ayden expand pay later service; Zensung launches "Go Green" insurance dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Grab taps Adyen to extend BNPL offering across Southeast Asia finextra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finextra.com Daily Mail and Mail on Sunday newspapers.
Cons of buy now pay later services 1. Gives a false sense of affordability Call me a financial prude but I have a rule when it comes to my spending. Aside from big-ticket items like buying your home, or buying a car; I would not spend money on things that I cannot pay off. I understand that this comes from a position of privilege. But, I also strongly believe in living within my means. And from the survey, you can see that people tend to make financial mistakes specific to BNPL services. I would think that this easy access to credit will give you a false sense of affordability and encourage you to spend more recklessly on your wants. ....