BNPL Regulation Is Coming Slowly but Surely in 2023

Why Some BNPL Providers Aren’t Sweating New Regulations  Regulators worldwide are bearing down on BNPL providers over concerns about overspending, debt accumulation, and privacy invasion. Omri Flicker, chief legal and risk officer at Splitit, says those who already play by existing rules aren’t losing any sleep. Learn more in the Buy Now, Pay Later Tracker®,” a collaboration with Splitit.
Inside the April Tracker
  • Omri Flicker, chief legal and risk officer at Splitit, discusses why BNPL needs regulatory oversight to protect consumers from predatory fees.
  • The Australian government is considering three proposals to bring the industry in line with its credit counterparts.
  • This month’s PYMNTS Intelligence explores pending BNPL regulatory moves in the U.S. and abroad and how these regulations could affect BNPL providers.

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