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

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: <a target="_blank" rel="noopener noreferrer nofollow" href="http://Shutterstock.com">Shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.