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Issue with BNPL Surge in Malaysia

Issue with BNPL Surge in Malaysia

Morning Brief

January 28, 202610m 26s

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Show Notes

Buy Now Pay Later use is surging in Malaysia. Transactions jumped to 243 million last year, worth more than 21 billion ringgit, with outstanding BNPL borrowing now close to 5 billion ringgit. Young people and lower income households make up a big share of users, even as overdue loans remain relatively low. Wan Amirah Wan Usamah, Research Associate, Khazanah Research Institute explains what this rapid growth really means.

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