Outstanding BNPL loans in Malaysia reached RM4.9 billion at the end of 2025, with youth accounting for 40% of all transactions, new parliamentary data shows.
KUALA LUMPUR: Outstanding ‘Buy Now, Pay Later’ loans in Malaysia stood at RM4.9 billion as at Dec 31, 2025.
Deputy Finance Minister Liew Chin Tong said this accounted for 0.3% of the country’s total household debt.
He revealed BNPL transactions totalled 243 million in 2025, with an aggregate value of RM21.3 billion.
These figures mark sharp increases of 66% and 78%, respectively, from 146 million transactions worth RM12 billion in 2024.
“As at Dec 31, overdue BNPL loans remained manageable at RM160.2 million, or 3.3% of total BNPL lending,” Liew said during a Special Chamber session in the Dewan Rakyat.
“These figures indicate that BNPL users’ debt burden is under control.”
Liew was responding to a question on the ministry’s measures to assess the regulatory framework for digital credit facilities.
On youth participation, he said the group accounted for about 40% of total BNPL transactions.
He added that BNPL is generally used for purchases of food, groceries, transport and services.
The average transaction value was RM91.
A study by the Consumer Credit Oversight Board Task Force showed more than 70% of active BNPL users were from the lower-income B40 group.
