Limitations on Akulaku Finance Indonesia’s BNPL Service Imposed by Financial Services Authority (OJK)

Limitations on Akulaku Finance Indonesia’s BNPL Service Imposed by Financial Services Authority (OJK)

Jakarta – Buy now pay later (BNPL) service on the PT application Akulaku Finance Indonesia is limited by the Financial Services Authority (OJK). This limitation has been stated in letter Number SR-1/PL.1/2023 dated 5 October 2023. Deputy Commissioner for Supervision of Financing Institutions, PMVs, LKMs and other LJKs, Bambang W Budiawan, said the restrictions on … Read more

Financial Services Authority Limits Financing Distribution of PT Akulaku Finance Indonesia

Financial Services Authority Limits Financing Distribution of PT Akulaku Finance Indonesia

CNN Indonesia Tuesday, 24 Oct 2023 12:12 IWST The Financial Services Authority (OJK) limits the distribution of financing using the PT Akulaku Finance Indonesia buy now pay later (BNPL) scheme. Illustration. (iStock/FreshSplash). Jakarta, CNN Indonesia — Financial Services Authority (FSA) limits the distribution of financing under the scheme buy now pay later (BNPL) PT Akulaku … Read more