Alliance Bank and 99 Speed Mart Launch 0% Installment Plan for SME Bulk Purchases

Alliance Bank Malaysia Berhad and 99 Speed Mart Retail Holdings Berhad have forged a strategic alliance to introduce a 0% installment payment plan through the 99 Bulksales online bulk purchasing platform. This initiative is specifically designed for small and medium-sized enterprises (SMEs), business owners, retailers, and traders.

The program aims to alleviate cash flow pressures for businesses and bolster their operational growth. It offers an exclusive facility for Alliance Bank credit cardholders, including business credit cards. Transactions exceeding RM500 on the official 99 Bulksales website can be converted into three-month installments with zero interest. This digital financial solution is expected to reduce the burden of upfront payments for large stock purchases, freeing up working capital and enabling businesses to increase sales more effectively amid economic uncertainties.

Raymond Chui, Group Business Director and Transaction Banking at Alliance Bank, stated the bank's commitment to being a responsible banking partner by providing practical, customer-centric digital tools and promoting cashless payments in Malaysia. Albert Lee Yan Zhong, Alternate Director of 99 Speed Mart, noted that this is the group's first 0% installment plan, enhancing the 99 Bulksales e-commerce offering. He expressed confidence that the program will benefit both consumers and businesses through lower prices, larger purchases, and a reduced negative impact on cash flow. The installment option will be integrated into the 99 Bulksales website starting June 2026.