Kentucky Fried Chicken, or better known as KFC, is a fast food restaurant chain famous for its fried chicken, which has been established in Malaysia for decades.
If you are now feeling that buying food at KFC is expensive, the restaurant has introduced its own BNPL or flexible payment service called QSR PayFlex powered by Boost Credit.
In short, QSR PayFlex allows users to pay for food purchases at KFC Malaysia in three installments within three months with a minimum purchase of RM10. For any purchase below RM100 made with QSR PayFlex payment, a wakalah fee of RM5 will be payable, and for purchases above RM100, a wakalah fee of RM10 will be payable. This fee is also included in the BNPL loan.
For late payment, one percent of the BNPL transaction amount will be charged every day until the balance of the month is paid. For each installment month, a profit rate of 2.5 percent of the BNPL transaction amount will also be charged and payable throughout the loan repayment period.
To register to use this QSR PayFlex feature, you can go to their website to register, and then scan the QR code displayed on your account at the kiosk or checkout counter at any KFC restaurant in Malaysia to use it.
Every new registration will receive a digital voucher worth RM5, and the first purchase of RM50 and above will receive a digital voucher worth RM10.
If you are interested in knowing more about this KFC Malaysia BNPL service, you can visit the KFC Malaysia website.