BNPL self-regulation won't do for consumer groups

Liberal senator Andrew Bragg

Committee on Financial Technology and Regulatory Technology chair Andrew Bragg called BNPL products a "positive innovative development which should be supported by a system of coregulation". Image credit: Sean Davey/AAP

By Adrian Black
Thu 3 September 2020

Consumer groups are asking why the buy now, pay later companies should be treated differently than other credit providers as struggling Australians increasingly use the sector to leverage existing debts.[.....]

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