Buy Now Pay Later transactions in Malaysia surged to RM7.1 billion in the second half of 2024. While Bank Negara says risks remain contained, concerns over consumer debt persist. The upcoming Consumer Credit Bill 2025 aims to tighten oversight and boost protection. We get some perspective from Shereen Hazirah Hishamudin, Senior Research Associate, Khazanah Research Institute.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Shazana Mokhtar, Keith Kam, Aisalli Ayub

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Categories:  financial wellness,  government,  Law/Activism,  economy

Tags:  bnpl,  bnpl debt,  credit,  consumer credit bill,  buy now pay later scheme,