Shariah Compliance Aspects Of BNPL Need Deeper Examination - AKPK

KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.

BNPL Loans At RM4.2 Bln As Of Sept 30, 2025 -- MOF

KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.

CCOB Expects Consumer Credit Bill To Take Effect In 1Q 2026

By Karina Imran

KUALA LUMPUR, Nov 21 (Bernama) -- The Consumer Credit Bill 2025, which provides broader consumer protection by regulating excessive fees and through the practice of ethical debt collection, is expected to take effect in the first quarter of 2026, the Consumer Credit Oversight Board (CCOB) said.

Xsolla Expands Local Payment Options To Boost Global Holiday Game Sales

KUALA LUMPUR, Nov 6 (Bernama) -- Xsolla has rolled out new local payment methods across Europe, Asia, Africa and Latin America to help game developers reduce checkout friction and capture growing holiday demand.

Lower-income Malaysians Making Financial Progress, 55 Pct Start Retirement Planning In 2025 - Ringgitplus

PETALING JAYA, Oct 1 (Bernama) -- Financial comparison platform RinggitPlus has reported encouraging progress among lower-income Malaysians, with a growing proportion of respondents taking steps towards achieving long-term financial security.

Consumer Credit Act 2025 To Be Gazetted By Year-end

PUTRAJAYA, Sept 5 (Bernama) -- The Consumer Credit Act 2025 (RUUKP) is expected to be gazetted by the end of this year, providing a more comprehensive protection for consumers through the regulation of excessive charges and the enforcement of ethical debt collection practices.

Procurement, Consumer Credit And Anti-Dumping Bills Passed Reflecting The MADANI Reform Agenda

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.

Over 160,000 BNPL Users Have RM121.8 Mln In Overdue Debt - Lim

KUALA LUMPUR, Aug 7 (Bernama) -- A total of 168,967 'Buy Now Pay Later' (BNPL) account holders, or 2.6 per cent of the total 6.5 million users, had outstanding balances as at June 30, 2025, said Deputy Finance Minister Lim Hui Ying.

BNPL Still Under Control, Regulatory Measures Enhanced To Protect Consumers -- Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) -- Buy Now, Pay Later (BNPL) facilities remain under control, but regulatory measures are being strengthened to protect consumers through the Consumer Credit Act 2025 (CCA).

Paydibs Named Direct FPX Acquirer By PayNet

KUALA LUMPUR, July 28 (Bernama) -- Paydibs, a homegrown digital payments provider, has been officially onboarded as a direct third-party acquirer for the financial process exchange (FPX) by Payments Network Malaysia Sdn Bhd (PayNet), making it one of only 10 non-bank acquirers directly connected to PayNet’s FPX infrastructure.

Consumer Credit Commission To Implement Comprehensive Regulatory Framework For BNPL Schemes

KUALA LUMPUR, July 21 (Bernama) -- The Consumer Credit Commission (CCC) will implement a comprehensive and sustainable regulatory framework for the “buy now, pay later” (BNPL) scheme to ensure the public does not fall into debt traps or face a rise in bankruptcy cases.

Govt Urged To Set Up Credit Scoring Agency To Regulate Eligibility Of Borrowers

KUALA LUMPUR, July 21 (Bernama) -- The government should establish a creditworthiness or credit scoring agency to regulate the eligibility of consumers taking loans, according to Member of Parliament (MP) Sim Tze Tzin (PH-Bayan Baru).