Episode Details
Back to Episodes
Issue with BNPL Surge in Malaysia
Published 7 months ago
Description
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.
This episode of The First Look was brought to you by Emirates. Fly better, fly Emirates
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.