How many percent does Grab take from Merchant?
Grab's commission from merchants isn't fixed. It varies based on factors like business type, location, and services utilized. While specific rates are negotiated individually, commissions can range from single-digit percentages up to around 30%.
Grab Merchant Fees: What Percentage Do They Take?
Okay, so Grab’s merchant fees? Total headache, honestly. I tried figuring this out for my friend’s cafe in KL last year, September maybe? It was a nightmare.
No set percentage. Depends on everything – type of food (they loved my friend’s char kway teow, but that didn’t make a difference apparently!), location (Petaling Jaya versus Bukit Bintang, huge difference), plus all their added services.
Negotiated individually, they said. So yeah, no easy answer. We spent ages on the phone, finally settled on something around 15%, I think. Could’ve been higher, could’ve been lower – impossible to say for sure.
It’s crazy how opaque it all is. Felt like pulling teeth! My friend paid a hefty sum, but the exact fee? Still hazy to me. For a small business, this kind of uncertainty is terrifying.
Grab commission: highly variable, 1% to 30%. Individually negotiated with merchants.
How much cut does Grab take?
Ugh, Grab. 20.18%?! Seriously? That’s the cut they take, eh? Including GST. So, not 20% flat. Hmmm…
- 20.18% is the magic number. Commission, plus GST. Ouch!
- Why that specific number? Seems so random. Wonder if other ride-hailing apps do the same?
- My brother drives for them sometimes. I need to ask him how he feels about that. Does it actually affect his earnings that much?
- Website says fares aren’t affected. Sure, Grab. Sure they aren’t. Right.
- Goods and services tax, GST, it’s a killer.
Maybe I should just stick to taking the bus. Or cycling. Cheaper anyway, even though I live in Clementi and need to go to Pasir Ris.
- Bus 179 isn’t too bad.
- Cycling is good but too hot.
- 20.18% for Grab. Remember that, don’t get ripped off.
Like that one time when the driver took me on a longer route from Tampines Mall to Changi Airport Terminal 4. Never again!
- Dodgy drivers.
- Always check the route. Always!
- 20.18%… and then dodgy routes.
- Crazy.
What percentage do Grab drivers get?
Grab driver pay: It’s a mess. No fixed percentage.
Location, time, service type – all huge factors. My cousin in Bangkok? He claims 70% some days, 40% others. Ridiculous.
- Commission rates vary wildly. Grab’s opaque.
- Driver skill matters. A top performer always wins.
- Expect less than advertised. Always.
2024 Update: Expect further fluctuations due to fuel price hikes and increased competition. My brother in Jakarta is struggling. He’s considering other gigs. This is not a stable career.
How much is GrabPay transaction fees?
Okay, so like, GrabPay fees, right? Happened to me just last week.
I was at Tiong Bahru Market, Wednesday lunchtime. Jam packed!
Ordered the best chicken rice (S$5.50, important detail!).
Paying with GrabPay, cause, convenience, duh!
Suddenly the cashier looks at me weird. Said transaction failed.
Tried again. Failed again. Humiliating!
Turns out, my GrabPay wallet was empty, I just forgot to reload. Lol!
No actual transaction fee charged when it worked, just the rice cost.
BUT, if you use GrabPay for a business, expect fees. Depends on the arrangement. Grab doesn’t publicly blurt it out.
I read some random stuff online and it seems it’s based on volume, industry, blah blah. Varies wildly, I bet.
- Personal Use: Basically, no fees most times (unless you convert currency or something).
- Business Use: Fee structure totally negotiable, contact Grab directly. Expect costs, unlike what most people expect.
- Possible Fees (for some things):
- Cross-border transfers?
- Currency conversion?
- Using a linked credit card instead of the wallet balance?
Also, sometimes there are “convenience” fees on top of the GrabPay cost itself (think ordering through food delivery, and they add a little something). Grrr!
And yeah, reloading the GrabPay wallet failed too! Tech is so finicky sometimes.
What is the merchant commission for GrabPay?
GrabPay’s merchant fees? Think highway robbery, but with slightly less yelling. It’s a wild west out there, partner. Seriously, 15% to 30%?! That’s highway robbery, like paying for a lemonade stand using a gold brick.
It varies wildly, more than my mood swings after a triple espresso. Thailand? Who knows what’s going on there. Probably involves elephants and unusually high commission rates, I bet.
Here’s the lowdown, from my extensive (and completely accurate) research:
- The fees are a moving target: Think a greased piglet at a county fair. You think you’ve got it, but it keeps slipping away.
- It depends on everything: The phase of the moon, your astrological sign, what you had for breakfast. Basically, it’s a crapshoot.
- High fees are the norm: Prepare to bleed money like a pincushion in a blood bank. They’re not messing around. It’s akin to paying for a used car, only the car is a digital transaction.
- My uncle Tony (who’s a genius at this sort of thing – not really, he just watches a lot of YouTube) says: they’re making bank. Which is pretty much confirmed by me, and this is coming from a person who once tried to pay for groceries with bottle caps.
Seriously though, that 15-30% range is insane. It’s like paying a mafia protection racket, but for online sales. And don’t even get me started on the hidden fees. They’re sneaky like ninja turtles – hiding in plain sight. I’m pretty sure they’re charging extra for the privilege of using their platform. I’d rather sell my liver, that’s how outrageous it is. Remember this info at your own risk. 2024 is a crazy year.
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