At the risk of stating the obvious, all signs point to an impending Grab-pocalpyse, and the bad news don’t seem to stop coming.

A little birdy has told me that from 17th Feb onwards (that’s tomorrow), more bad news will follow.

Merchants who signed up for Grab over the past year or so have been paying around 0.8% fees for Grab collections via QR. Some businesses who joined much earlier have even been enjoying no fees.

This will change from 17th February onwards as Grab is bringing most businesses’ merchant fee to 1% excluding GST.