Sunday, May 21, 2023

Australia to Regulate Buy Now, Pay Later Services as Consumer Credit Products With New Laws

Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be one of the world's toughest regimes for the startup sector.

from Gadgets 360 https://ift.tt/IdZnlm4

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