Banks Still Keen on Expanding ‘Pay Later’ Business Despite Slowing Growth

Banks Still Keen on Expanding ‘Pay Later’ Business Despite Slowing Growth

Banks still seem to be set on expanding their “buy now pay later” (BNPL) loan services despite the segment’s slowdown in January-April this year.

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Senin, 9 Juni 2025 | 11:17

Bisnis.com, JAKARTA — Banks still seem to be set on expanding their “buy now pay later” (BNPL) loan services despite the segment’s slowdown in January-April this year.

While BNPL’s contribution to total credit remains somewhat limited, major banks like Mandiri and Bank Central Asia saw a surge in the number of users and transactions amid increasing adoption of digital payments.

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