Buy now, pay later (BNPL) payments have exploded in popularity in the past several years, now with more than 360 million users worldwide. While BNPL offers no interest on payments made by the due date, users who fail to make payments on time can face...
July 25, 2024
Great Britain is reportedly resurrecting plans to regulate buy now, pay later (BNPL) providers. It’s happening under the country’s new Labour leadership, CNBC reported Thursday (July 25), citing a government spokesperson. “Regulating Buy Now Pay Later products is crucial to protect people and deliver certainty for the sector,” the Treasury spokesperson told CNBC via email. Earlier this […]
