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‘Buy now, pay later’ industry set for regulation amid concerns for consumers

‘Buy now, pay later’ industry set for regulation amid concerns for consumers

by Patrick Lazarus | May 30, 2023 | Govt & Politics, News, Tech & Research

The Australian Government has announced it plans to regulate the ‘buy now pay later’ (‘BNPL’) industry. The products are set to be classified as ‘credit’, meaning they will be subjected to similar restrictions as other financial services....

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