Finance Paid
BNPL faces tighter rules
20:56
"Buy now, pay later" (BNPL) schemes are heading toward tighter regulation. In the UK, the Financial Conduct Authority (FCA) recently proposed new rules for what it calls Deferred Payment Credit (DPC), used by nearly 11 million Britons in 2024. From July 2026, DPC providers financing purchases will require FCA approval, while merchants offering their own plans will be exempt.
Key changes include mandatory…
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