New regulations for Buy Now, Pay Later providers in Australia

By Yajush Gupta · 23 May 2023 · News

New regulations for Buy Now, Pay Later providers in Australia

BNPL shake-up: Australia's new rules are coming

Get ready for a major overhaul in the Buy Now, Pay Later credit market. Find out what's changing and how it will impact your wallet.

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Summary

Australia plans to introduce laws treating BNPL services as credit products in an industry that has largely operated without significant regulation.