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Buy Now, Pay Later (BNPL): Lifeline or Debt Trap? | Alain Yee, ShopeePay (MY) CEO
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Buy Now, Pay Later (BNPL): Lifeline or Debt Trap? | Alain Yee, ShopeePay (MY) CEO
BNPL is a lifeline for Malaysians shut out of formal credit, or a fast route into debt, depending on who you ask. ShopeePay’s CEO makes his case. Alain Yee joined Shopee in 2019 as CEO of ShopeePay Malaysia, launching the e-wallet two to three years after its main rivals. SPayLater followed in 2021 and cash [...]
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