Indonesia Introduces a Dedicated BNPL Regulatory Framework
The Indonesian Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has issued OJK Regulation No. 32 of 2025 on the Organization of Buy Now Pay Later (“OJK Reg. 32/2025”), establishing a dedicated regulatory framework for Buy Now Pay Later (“BNPL”) in Indonesia. Previously, BNPL operated under general financing regulations, without a standalone regime. Clear Definition … Indonesia Introduces a Dedicated BNPL Regulatory Framework








