Afterpay changes: What they mean for you
The federal government will regulate the buy now, pay later industry to better protect the millions of consumers who use its services.
Source: dailymail.co.uk
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Buy Now, Pay Later to Be Treated Like a Credit Service in Australia
The government is cracking down on buy now, pay later services used in Australia. It’s a modern twist on the old classic that is credit card debt.
Source: gizmodo.com.au
Buy now, pay later services will be considered credit products by the end of the year. Here's how it will work
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.
Source: abc.net.au
Buy now, pay later industry to be regulated under Credit Act as part of changes by federal government
Buy now, pay later services, including Afterpay and Zip Pay, will be regulated under the Credit Act and required to obtain an Australian Credit Licence under proposed changes by the federal government.
Source: abc.net.au
Rising cost of living forces parent to use buy now, pay later services for essential medication
A Mildura mum says she has turned to Afterpay to cover medication for her disabled son while another woman says she would rather go without medicine than pay on credit.
Source: abc.net.au