BNPL, Explosive Growth But Who Actually Pays

Dr Liew Chee Yoong, Associate Professor, Department of Accounting and Finance, UCSI University

11-Aug-25 08:45

BNPL, Explosive Growth But Who Actually Pays

Pause
Embed

Buy Now, Pay Later (BNPL) schemes have seen explosive growth in Malaysia, a 30% jump from a year earlier. Dr Liew Chee Yoong, Associate Professor, Department of Accounting and Finance, UCSI University tells us if the Consumer Credit Act 2025 and the Consumer Credit Commission, or CCC are the right steps to regulate the industry.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Elaine Boey, Wong Shou Ning, Shazana Mokhtar

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: markets, economy, government

Tags: Consumer Credit Commission, overdue balances, buy now pay later scheme, financial literacy, interest rates,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Timothy Tiah, CEO of Colony, joins us to share an update on his journey, discussing the acquisition of catering company Dough by Meg and his own emergence as a content creator to drive business growth and reduce marketing costs.

12:00 PM

Just For Kicks

(REPEAT) We dive into Aston Villa’s Europa win, Nottingham Forest’s resurgence under Ange, key EFL Cup and Premier League clashes, and celebrate Ousmane Dembélé’s Ballon d’Or triumph alongside Arif Aiman’s historic Asian Player of the Year nomination.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Sudais and Zan assemble to discuss protests, music preferences and aliens on another episode of A Bit of Culture.

2:00 PM

Ringgit & Sense

(REPEAT) Julia Goh, Senior Economist at UOB discusses why it's so important to pay attention to our annual budget announcement.

2:30 PM

The Property Show

(REPEAT) Muhammad Nazhan Kamaruzuki of Khazanah Research Institute discusses how home financing works under the sell-then-build model.

3:00 PM

Best of The Bigger Picture

(REPEAT) We unpack a new paper that explores the various factors that enable organisations – both progressive and conservative – to shape politics, policy and governance.

4:00 PM

Best of Evening Edition

(REPEAT) We learn about the ins and outs of Malaysia's National Security Council with its Director General

5:00 PM

BBC World Service

Tune in to this episode of People Fixing The World to hear how a community in Mumbai is changing the lives of the people around them.

PROGRAMMES