BBCNEWS Buy Now Pay Later December 15, 2021 03:50:00
Have subsequently been made, which revolve around credit and affordability checking, and continuous credit reporting. we are supportive of the premise that the regulation needs to be appropriate for the utility of the product. our average transaction value is only £74. we're not talking about lending thousands of pounds to individuals — they are small transactions. but ten months on, buy now, pay later remains unregulated. the financial conduct authority which ordered the woolard review says it's vital the law adapts as the market innovates and says, the government says it's "considering th...
Source: archive.org