Thailand's 'Buy Now, Pay Later' Accounts Surge Tenfold, Raising Debt Concerns
Buy Now, Pay Later (BNPL) services in Thailand have seen a tenfold surge in accounts over four years, reaching 6.3 million by 2025. This rapid expansion raises concerns about consumer borrowing and household debt. Data from the Bank of Thailand indicates a nearly sixfold increase in credit value used through BNPL, prompting regulators to consider new rules for consumer protection.
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