Aug 4, 2025
RM9.3 Billion BNPL Transactions Recorded, But Risk 'Under Control'
Buy Now, Pay Later (BNPL) schemes remain under control, with total loans standing at RM3.8 billion—only 0.2% of household debt—but the government is boosting regulation through the Consumer Credit Act 2025. RM9.3 Billion BNPL Transactions Recorded, But Risk ‘Under Control’ Second Finance Minister Amir Hamzah Azizan told Parliament that unpaid BNPL loans were at a manageable 3.2%, or RM121.8…