LEMON BLOG

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.

Starting May 8, Shopee will be increasing its SPayLater seller fee from 3.5% to 4.5%, as announced on the platform's Seller Education Hub. This new fee structure will apply to all completed orders made using SPayLater, regardless of the installment plan duration — whether it's one month or up to two years.