Kuala lumpur: Outstanding 'Buy Now, Pay Later' (BNPL) loans in Malaysia stood at RM4.9 billion as at Dec 31, 2025, accounting for 0.3 percent of the country's total household debt, Deputy Finance Minister Liew Chin Tong said. He noted that BNPL transactions totaled 243 million in 2025, with an aggregate value of RM21.3 billion, marking sharp increases of 66 percent and 78 percent, respectively, from 146 million transactions worth RM12 billion in 2024.

According to BERNAMA News Agency, Liew stated that as at Dec 31, overdue BNPL loans remained manageable at RM160.2 million, or 3.3 percent of total BNPL lending. These figures indicate that BNPL users' debt burden is under control. He made these remarks during a Special Chamber session in the Dewan Rakyat on Tuesday in response to a question from V. Sivakumar (PH-Batu Gajah) regarding the ministry's measures to assess the effectiveness of the existing regulatory framework governing digital credit facilities, including BNPL schemes and e-wallet credit, in safeguarding the interests of youth.

On youth participation, Liew highlighted that the group accounted for about 40 percent of total BNPL transactions. He added that BNPL is generally used for purchases of food, groceries, transport, and services, with an average transaction value of RM91. A study by the Consumer Credit Oversight Board Task Force showed that more than 70 percent of active BNPL users were from the lower-income group, or B40.