Kuala Lumpur, 25th November 2021– The ASEAN Fintech Group launches its first Buy Now-Pay-Later platform, PaySlowSlow.com (PSS), in Malaysia, giving Malaysian shoppers and businesses an opportunity for growth and greater control for a better shopping experience.
As a web and mobile-based platform, Malaysians can utilise PaySlowSlow to shop online and physically in shops to split their purchases into four interest-free equal payments at over 500 merchant partners, both physical retail stores and online merchants.
With merchants ranging from 5-star conference resorts such as Bangi Resort Hotel to Ai home- a SMART personal and home technology retailer among others, users can purchase products or experiences with a worry-free instalment plan, making it a better way to pay.
PaySlowSlow’s 0% interest buy-now-pay-later platform allows for greater inclusion for non-credit cards users as they can now select between credit and debit cards as a payment method. The debit card option allows the user to manage their money better to avoid high-interest rates on credit cards.
PaySlowslow aims to ease consumer financial burdens whilst still allowing them to purchase what they want. At the same time, it helps to provide access to credit to the underbanked and unbanked in Malaysia, who make up 55%* of the population with limited access to purchase goods and services with instalment payment.
Merchants on the PaySlowSlow platform enjoy a risk-free experience with an upfront payment of the sale, no sign-up fees and registration costs. A transaction fee is collected upon successful sales via our platform. In addition, marketing support is extended to all merchants through curated marketing campaigns aimed at driving traffic & improving sales conversion to their business. To sign up ,