Razorpay Curlec has partnered with Visa to introduce credit card instalment options for Malaysian consumers through Visa Instalment Solutions (VIS).
The partnership allows businesses on Razorpay Curlec’s platform to let customers spread the cost of big-ticket items into monthly payments using credit cards from major banks.
The instalment plans carry no management fees and offer 0% interest, with flexible options available across categories such as home and living, electronics, jewellery and beauty services.
Razorpay Curlec said the move reflects growing demand among Malaysians for flexible payment solutions.
Visa’s 2024 Consumer Payment Attitudes study found that card payments remain especially prevalent in mature markets such as Singapore and Malaysia, where usage stands at 91 percent, even as mobile wallets gain momentum.
Kevin Lee, Country Head and Chief Executive Officer of Razorpay Curlec, said,
“Today’s consumers do not just appreciate flexibility, they expect it, especially when it comes to making high-value purchases. To stay ahead, Malaysian businesses need solutions that deliver choice without compromising cash flow or customer experience.
Through our partnership with Visa, we are enabling thousands of Razorpay Curlec businesses to offer trusted, seamless instalment options, empowering them to elevate the checkout experience, deepen customer relationships, and unlock new avenues for growth and loyalty.”
Previn Pillay, Country Manager of Visa Malaysia, said,
“We’re thrilled to partner with Razorpay Curlec to enable Visa Instalment Solutions at checkout, empowering consumers with seamless and flexible ways to pay. Instalments are increasingly becoming a smart and manageable way to spend, whether on everyday essentials or larger purchases, because they provide both choice and peace of mind.
By bringing VIS to Razorpay Curlec, we are supporting financial confidence and giving consumers greater control of their spending, underscoring our commitment to driving inclusive payments built around the needs of consumers.”
Featured image: Edited by Fintech News Malaysia, based on image by Who is Danny via Freepik
