Buy now pay later: Academics fear debt impact

The rise of “buy now, pay later” (BNPL) services for e-commerce has academics worried about its potential to drive consumers deep into debt.

However, data presented by a government-led task force and industry players suggest that for now at least, the pattern of BNPL usage is not yet a cause for concern.

Speaking at the Khazanah Research Institute (KRI) webinar...