Atome, a Singapore-based fintech company, has announced that its buy now, pay later (BNPL) payment option is now available on TikTok Shop in Malaysia. This partnership marks a milestone in the e-commerce landscape in Malaysia, providing businesses of all sizes, particularly young entrepreneurs and small and medium enterprises (SMEs), with the opportunity to expand their reach and drive their sales growth.

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Atome’s BNPL payment option allows consumers to make purchases and spread deferred payments over three or six months. William Yang, Head of Commercial at Atome, said,

“This partnership between TikTok Shop and Atome signifies a milestone in the e-commerce landscape in Malaysia, heralding a new era of convenience, accessibility, and growth for businesses and consumers alike. By integrating Atome as a payment option on TikTok Shop, we’re excited to help drive ecommerce growth and support brands of all sizes, but especially SMEs and young entrepreneurs in Malaysia while also providing consumers with the choice, convenience and flexibility of how they want to shop and pay.”

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Jonathan Low, E-commerce Lead of Strategy and Special Projects at TikTok Shop, added, “TikTok Shop is about elevating the shopping experience for consumers and providing brands and small businesses with opportunities to drive growth – all of which is done by bringing together content and commerce. Through this partnership with Atome, TikTok Shop enables merchants and small businesses to offer their customers a convenient and flexible payment option.”

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Atome’s BNPL payment option is now available on TikTok Shop in Malaysia, providing businesses and consumers with the opportunity to benefit from the convenience and flexibility of deferred payments. This partnership marks a milestone in the e-commerce landscape in Malaysia, and is expected to drive ecommerce growth and support brands of all sizes.

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Sources: https://fintechnews.my/38060/fintech-lending-malaysia/atomes-bnpl-payment-option-now-available-on-malaysias-tiktok-shop/