Online Loans and Pay Later Financing Reach Rp119.25 Trillion in July 2026
JAKARTA, Jakartaweekly.com — The Indonesia Financial Services Authority (OJK) recorded that buy now, pay later (BNPL) financing provided by financing companies reached Rp13.62 trillion as of July 2026, representing annual growth of 54.65%. The non-performing financing (NPF) ratio for BNPL declined to 3.03% as of July 2026, compared with NPF in June at 3.09%. Meanwhile, outstanding […]
