Could Zip shares be a winner of more regulation in the BNPL sector?
Zip Co Ltd (ASX: ZIP) shares are plummeting amid news the BNPL industry will face greater regulation. But the company is far from worried.
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Zip Co Ltd (ASX: ZIP) shares are plummeting amid news the BNPL industry will face greater regulation. But the company is far from worried.
Analysts covering the sector homed in on the potential for more stringent customer credit checking and credit limits to increase costs and slow growth.
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.
BNPL requires lenders to conduct background checks before lendingNotify customers when credit limits increaseZip COO: Change is "business as usual"SYDNEY,
The Albanese government will regulate the buy now, pay later (BNPL) industry as part of a major overhaul to protect consumers.