BNPL to be regulated under Credit Act
The government has handed down its plan to regulate buy now, pay later (BNPL) providers and products under the Credit Act to strengthen consumer outcomes.
Stay updated with breaking news from Borrowing Summit. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The government has handed down its plan to regulate buy now, pay later (BNPL) providers and products under the Credit Act to strengthen consumer outcomes.
The federal government will regulate the buy now, pay later industry to better protect the millions of consumers who use its services.
The federal government will buy now, pay later regulate the industry to better protect the millions of consumers who use its services.
The federal government will classify buy now, pay later options as credit products, as part of sweeping changes to protect both consumers and the industry. Here's what it means in practice.
Australia's buy now, pay later (BNPL) industry is facing tough new laws aimed at better protecting the mi...