Kentucky Fried Chicken (KFC) Malaysia has introduced a new BNPL payment plan via QSR PayFlex, powered by Boost. With a minimum spend of RM10, customers can now pay later and split their bill into three monthly installments using this option, which is offered by its outlets nationwide.
To use this feature, customers must first register an account with QSR PayFlex via its official website. Users must be Malaysian citizens aged 21 to 60 and pass an internal credit score eligibility assessment.
Every first-time customer will receive a RM5 e-voucher, and an additional RM10 e-voucher for spending RM50 or more. The e-vouchers can be redeemed both in-store and online.
To pay with QSR PayFlex, sign into your account and click on ‘Let’s Transact at KFC.’ At the kiosk, select ‘QSR PayFlex’ as the payment method, click on ‘Show QR,’ and scan the code to proceed. No payment is required on the day of purchase, with the first installment due 30 days later.
Like most BNPL services, it includes a profit rate of 2.5% on the transaction amount, charged with each installment payment. A Wakalah (service) fee applies: RM5 for transactions below RM100 and RM10 for transactions above RM100. Late payments incur a 1% daily charge on the total bill until full repayment is made.
The number of companies offering BNPL as a payment option continues to grow, including Grab, Shopee, and TikTok. With KFC joining the list, users are encouraged to spend mindfully and make timely repayments to avoid late fees, which could make a meal at KFC far more expensive than intended.
(Source: KFC Malaysia)
Manisha Dharmendra contributed to this article.
