SHAH ALAM, July 24 — Online shopping platforms offering buy now, pay later (BNPL) services have been urged to self-regulate to ensure consumer rights remain protected.

By Danial Dzulkifly KUALA LUMPUR, July 21 — The Dewan Rakyat today passed the Consumer Credit Bill 2025, paving the way for a unified regulatory framework to oversee non-bank lenders, including buy now, pay later (BNPL) service providers and debt collection agencies. In her wind-up, Deputy...

KUALA LUMPUR, July 21 — The volume of buy now, pay later (BNPL) transactions has increased from 83.8 million in the second half (H2) of 2024 to 102.6 million in H1 this year.

By Danial Dzulkifly KUALA LUMPUR, July 21 — Puchong MP Yeo Bee Yin today raised concerns that unchecked buy now, pay later (BNPL) services could lead to higher consumer costs and create monopolies by major providers, unless proper regulation is introduced. While debating the second reading of...

PUTRAJAYA, July 9 — Higher Education Minister Datuk Seri Zambry Abd Kadir has advised university students nationwide to be cautious and avoid falling into buy now, pay later (BNPL) schemes or high-interest loan traps that could saddle them with unmanageable debt.

By Danial Dzulkifly SHAH ALAM, May 14 — The rapid rise of Buy Now, Pay Later (BNPL) in Malaysia has reinforced the urgent need for stronger regulations to prevent reckless spending that could lead to debt accumulation and defaults, especially among youth with limited financial literacy. While...