How to settle outstanding balance in Grab?

How to Settle Your Grab PayLater Balance

Grab’s PayLater feature offers convenient financing options for your rides and deliveries. However, managing your outstanding balance is key to avoiding potential fees. This guide explains the straightforward process for settling your Grab PayLater account.

Within the Grab app, navigate to the “Finance” tab. This section houses all your Grab financial transactions, including your PayLater account. Select the “PayLater” tile. This takes you to the PayLater home page.

The PayLater home page is your central hub for managing your balance. Here, you’ll find a clear display of your current outstanding balance. You can also review the due date and any associated interest or fees.

Crucially, the PayLater page will allow you to choose the payment method you prefer. This could be a linked credit or debit card, or if you have sufficient Grab balance, a direct deduction from your Grab Wallet.

With your preferred payment method selected, you can proceed with settling the balance. Follow the prompts to confirm the payment and complete the transaction.

Important Considerations:

• Due Dates: Always be aware of your payment due date to avoid late fees. The PayLater page clearly displays the date.

• Interest and Fees: Pay close attention to any interest or late payment charges that may apply. The app will clearly outline these costs.

• Linked Payment Methods: Ensure your preferred payment method is linked and has sufficient funds to cover the outstanding balance.

By following these simple steps, you can easily manage your Grab PayLater balance and maintain a healthy financial relationship with the platform. Remembering the due dates and diligently monitoring your balance will ensure a smooth experience.