Majority of BNPL users have good financial discipline


KUALA LUMPUR: While the total transaction of buy-now-pay-later (BNPL) has significantly increased, reaching RM12bil last year, it was revealed that the majority of users have been making repayments on time.

Bank Negara Malaysia assistant governor Abu Hassan Alshari Yahaya said 88% of the users surveyed by the central bank showed that they are exhibiting good financial discipline and paying off their debts in full.

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