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The rules, giving consumers more transparency over what this type of borrowing involves, would take effect when buy now, pay later (BNPL) comes under the FCA’s remit next year.
Long-promised regulation of the sector will come into force next July, but lenders will have some flexibility.
Buy now, pay later firms are set to come under the scope of the Financial Conduct Authority (FCA). On Friday, proposals from ...
StepChange Debt Charity has suggested some ways that borrowers can manage BNPL products ahead of changes next year.
Can you hear the canary in the economy's coal mine singing her heart out?
With persistence and grit, the founders slowly gained traction. In the past year alone, Sunbit secured backing from major ...
The concern for consumers is that this additional data held by companies may come at the expense of controlling access to it, ...
Paypercut, a European fintech that lets small and mid-sized merchants offer “Buy Now, Pay Later” (BNPL) through a single integration, has raised €2 million in pre-seed funding - among the region’s ...
Adoption of buy-now-pay-later services is predicted to surge to more than 900 million users around the world by 2027, but ...
To cover grocery costs, some consumers are using a payment method often associated with impulse purchases: buy now, pay later ...
Struggling to afford the latest gadgets? Discover Nigeria’s top 5 BNPL platforms, like Carbon Zero, CDcare, etc., for interest-free instalments on smartphones, laptops, and more.