BFM 89.9
The Business Station
You Use BNPL. Now the Law Has Your Back
20 mins
·
09:30, 25 Jun 2026
·
Recommended
52 mins
43 mins
Guest: Johnson Ong, Partner, Halim Hong & Quek, Lo Khai Yi, Partner, Halim Hong & Quek
Buy Now Pay Later has become the default payment method for millions of Malaysian consumers, promising instant approval and zero friction at checkout. But that is changing, and the new Consumer Credit Act is rewriting the rules.
Johnson Hong and Lo Khai Yi, partners at Halim Hong & Quek, discuss new legal requirements placed on BNPL providers, shoppers, and its impact on the broader consumer finance landscape.
Presenter: Elaine Boey
Producer: Elaine Boey
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