The Bank’s customers in Malaysia now have the option to avail 0% instalment options on credit cards at offline point-of-sale locations established by Pine Labs. The 25,000 merchant outlets in Malaysia that run on Pine Labs POS terminals will be equipped to process these instalment purchases or what are popularly known as Buy Now Pay Later (BNPL) offers.
The company had launched its BNPL services in Malaysia in March 2021. The partners are also planning to periodically roll out other services like cashbacks and discounts for the Bank’s credit card customers.
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