On eve of new BNPL regulation, ‘new’ must be operative word
OPINION: Buy-now, pay-later is different to products we’ve seen and regulated in the past.
It begins with designing the right regulation around affordability checks.
Michael Saadat
Sun, 27 Nov 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Regulation should protect consumers, encourage positive social outcomes, and support, not stifle, innovation and competition. If the Government is to achieve those goals, it must design new regulations, and not dust off legacy mortgage and credit card laws for buy-now, pay-later (BNPL).
At the
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Michael Saadat
Sun, 27 Nov 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
