buy now pay later

Digital Economy

Buy now, pay later market in Southeast Asia set to exceed US$50 bil by 2027: Una Financial

Indonesia is projected to lead, with US$16.8 billion of BNPL transactions by 2027, representing a 209% increase from 2024.

Digital Economy

Abnk, Atome, Grab and SeaMoney awarded BNPL Trustmark

Come May 1, customers will be able to identify accredited BNPL providers through the Trustmark.

Fintech

Buy now, pay later providers will need to comply with updated code of conduct from Nov 1

The code of conduct was first launched a year ago to guide players and ensure that users do not take on too much debt.

Digital Economy

Four trends that will define 2023 in the Apac payments space

The challenges are many and varied for consumers and financial firms alike this year.

Fintech

Experian appointed to perform creditworthiness checks on buy now, pay later users

Experian will operate the BNPL bureau in Singapore with all accredited BNPL players sharing users’ credit information.
$2,000 debt limit for buy now, pay later users and credit information sharing under new code of conduct - THE EDGE SINGAPORE

Fintech

$2,000 debt limit for buy now, pay later users and credit information sharing under new code of conduct

Under a new code, buy now, pay later providers pledge to cap all fees, including late fees and other charges.
Embedding banks into post-pandemic payment trends - THE EDGE SINGAPORE

Digital Economy

Embedding banks into post-pandemic payment trends

“Historically, banks have been a little bit slow to the game. Certainly, the banks are looking to catch up now.”

Fintech

OxPay appointed as digital payment provider and loyalty programme manager for Royal Sporting House stores

So far, one RSH store in Malaysia and five RSH stores in Singapore have completed the pilot testing.
Atome offers BNPL for Cathay Pacific flights, resists sector consolidation with group's US$2 bil valuation - THE EDGE SINGAPORE

Fintech

Atome offers BNPL for Cathay Pacific flights, resists sector consolidation with group's US$2 bil valuation

In March, Bloomberg reported that the group is in “preliminary discussions with advisors” to raise a US$300 million.
Buy now, pay later, party over? - THE EDGE SINGAPORE

Fintech

Buy now, pay later, party over?

With big acquisitions among Singapore-based players and dwindling shares by Australian giants, has the BNPL bubble burst?
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