2022-08-05

The Buy-Now-Pay-Later (BNPL) services have emerged as an appealing payment and funding solution for many amid its exponential growth, which makes it vital for it to be regulated for the betterment of consumers, lenders as well as avoid any potential risk to the financial system, said experts.

Based on a survey conducted on 10 non-bank BNPL providers, the BNPL market's transaction value skyrocketed to RM1.49 billion in 2021 from RM55 million in 2020.....

More https://bit.ly/3dbhtVD

Via nst.com.my