New Regulations to Introduce Refunds and Rejections for Buy Now Pay Later Schemes

New rules are set to be implemented for Buy Now Pay Later (BNPL) services, which will introduce provisions for refunds and allow lenders to reject applications. These regulations aim to provide greater consumer protection within the BNPL market.

14 Jul, 23:01 — 14 Jul, 23:01

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BBCHigh47d ago

Buy Now Pay Later rules to bring refunds and rejections

Consumers should be better protected as Buy Now Pay Later lenders now require authorisation to operate.

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New Regulations to Introduce Refunds and Rejections for Buy Now Pay Later Schemes

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Buy Now Pay Later rules to bring refunds and rejections

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