Why is Grab embarking on Buy Now, Pay Later services?

I do think BNPL is more accessible though. Most (if not all) don't charge interest on outstanding balances (although late charges do apply). So, in that sense, they are less dangerous (since interest compounds). Moreover, credit cards usually require minimum salary (aside from like student cards). So this isolates a portion of the market which would like to use credit services but have been unable to.

So I guess Grab is targeting this segment of consumers to continue to expand their ecosystem to be a super app?

Any Grab bulls can feel free to correct me haha I'm not invested so this is purely my conjecture!