Buy Now, Pay Later in Asia/Pacific

Buy Now, Pay Later in Asia/Pacific

This IDC Perspective explores the state of buy now, pay later (BNPL) in Asia/Pacific, its technology drivers, and recent regulatory moves. It also uncovers critical success factors and provides a guide for BNPL providers, merchants, and technology vendors to navigate this competitive market. BNPL, an interest-free installment payment product for online and retail purchases, had quickly gained popularity in the region, particularly among the younger segments."BNPL's innovation on retail payments is undoubtedly transformative, but its risks cannot be overlooked," says Adam Kamarul, Market Analyst, IDC Financial Insights. "Understanding the risk landscape is a crucial starting point for providers and technology partners to expand in this space and for regulators to ensure its inclusion benefits the financial ecosystem," he adds.

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