Razorpay Curlec has partnered with Visa to introduce Visa Instalment Solutions (VIS) in Malaysia, giving consumers flexible, credit card-based payment options and helping businesses boost sales amid rising household spending.
MALAYSIA, 27 AUGUST 2025 – As Malaysian household spending is expected to surge from RM896.9 billion in 2024 to RM943.7 billion in 2025, the demand for smarter, more flexible payment solutions is reshaping the retail landscape. Addressing this shift, Malaysia’s leading payment gateway Razorpay Curlec has teamed up with global payments leader Visa to integrate Visa Instalment Solutions (VIS) directly into the Razorpay Curlec platform.
This partnership enables businesses to offer customers the ability to split purchases into affordable, interest-free monthly instalments on credit cards from major banks. The move aligns with growing consumer expectations for Easy Payment Plans (EPP), allowing both planned and unexpected expenses to be managed more conveniently.
Kevin Lee, Country Head and Chief Executive Officer of Razorpay Curlec, said the collaboration empowers thousands of Malaysian businesses to offer seamless instalment options that enhance checkout experiences and foster stronger customer relationships. Visa Malaysia Country Manager Previn Pillay added that instalments are becoming a preferred way to spend, providing consumers greater control and confidence in managing their finances.
According to the 2024 Visa Consumer Payment Attitudes study, card payments dominate in mature markets like Malaysia and Singapore, where 91% of consumers continue to use cards even as mobile wallets grow in popularity. With 0% interest and no management fees, EPP options are available across thousands of retailers in sectors such as electronics, home living, jewellery, and beauty services.
By combining global technology with local insight, Razorpay Curlec and Visa aim to strengthen Malaysia’s digital economy, helping businesses grow while providing customers the flexible payment experiences they demand.
