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A New Era for Consumer Credit - The recently passed Consumer Credit Bill (CCB) in the Dewan Rakyat marks a pivotal shift in Malaysia's financial landscape. For the first time, there will be comprehensive regulation covering consumer credit services, with Buy Now, Pay Later (BNPL) taking center stage.
If you're a Maybank user who frequently tops up mobile credits or game PINs online, take note: starting 26 May 2025, Maybank will implement daily transaction limits and a 12-hour cooling-off period for reload-related services. Here's what's changing and how it affects you.
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