BNPL Use Among Malaysian Youth Raises Concern As Under-30s Make Up 40 Pct - Liew

KUALA LUMPUR, March 12 (Bernama) -- Buy now, pay later (BNPL) use among Malaysian youth raises concern as those aged 30 and below make up about 40 per cent of BNPL transactions in the country, Deputy Finance Minister Liew Chin Tong said.

BNPL Loans Under Control, Expected To Remain At 0.3 Pct Of Total Household Debt -- MoF

KUALA LUMPUR, March 2 (Bernama) -- The risk associated with consumer loans under the Buy Now, Pay Later (BNPL) scheme remains under control and is expected to stay at 0.3 per cent of Malaysia’s total household debt, according to the Ministry of Finance (MOF).

Credit Providers, Credit Service Providers Require Licensing, Registration Effective June 1

PUTRAJAYA, March 2 (Bernama) -- Credit providers and credit service providers are required to meet licensing requirements and register with the Consumer Credit Commission (CCC) effective June 1, 2026, in line with the Consumer Credit Act 2025 (Act 873) (CCA).

Beyond Spending, Raya Reflects Household Economic Expectations

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 22 (Bernama) -- Many Malaysians may be tightening their belts, but when it comes to Hari Raya Aidilfitri, cutting back is often not an option, as households continue to prioritise festive spending despite ongoing cost-of-living pressures.

BNPL Loans Reach RM4.9 Bln As At Dec 31, 2025 – MoF

KUALA LUMPUR, Jan 27 (Bernama) -- Outstanding ‘Buy Now, Pay Later’ (BNPL) loans in Malaysia stood at RM4.9 billion as at Dec 31, 2025, accounting for 0.3 per cent of the country’s total household debt, Deputy Finance Minister Liew Chin Tong said.

Xsolla Integrates Paidy, Boosts Japan Gaming Payment Options

KUALA LUMPUR, Jan 23 (Bernama) -- Xsolla, a global video game commerce company, announced a significant expansion of its payment solutions in Japan through a new integration with Paidy, the country’s leading Buy Now Pay Later (BNPL) service.

Shariah Compliance Aspects Of BNPL Need Deeper Examination - AKPK

KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.

BNPL Loans At RM4.2 Bln As Of Sept 30, 2025 -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.

CCOB Expects Consumer Credit Bill To Take Effect In 1Q 2026

By Karina Imran

KUALA LUMPUR, Nov 21 (Bernama) -- The Consumer Credit Bill 2025, which provides broader consumer protection by regulating excessive fees and through the practice of ethical debt collection, is expected to take effect in the first quarter of 2026, the Consumer Credit Oversight Board (CCOB) said.

Xsolla Expands Local Payment Options To Boost Global Holiday Game Sales

KUALA LUMPUR, Nov 6 (Bernama) -- Xsolla has rolled out new local payment methods across Europe, Asia, Africa and Latin America to help game developers reduce checkout friction and capture growing holiday demand.

Lower-income Malaysians Making Financial Progress, 55 Pct Start Retirement Planning In 2025 - Ringgitplus

PETALING JAYA, Oct 1 (Bernama) -- Financial comparison platform RinggitPlus has reported encouraging progress among lower-income Malaysians, with a growing proportion of respondents taking steps towards achieving long-term financial security.

Consumer Credit Act 2025 To Be Gazetted By Year-end

PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.