Business
RBA delivers win for BNPL providers like Sezzle (ASX:SZL) – The Motley Fool Australia
Sezzle Inc (ASX: SZL) and its BNPL counterparts received some good news from the Reserve Bank of Australia (RBA) today. Here’s what happened.
In good news for buy now, pay later (BNPL) operators such as Sezzle Inc (ASX: SZL), the Reserve Bank of Australia (RBA) has ruled out forcing them to allow merchants to pass on fees when customers use their services. At least for the time being.
The news could be music to the ears of investors in popular BNPL companies, like Sezzle, Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P), who may be concerned over increased regulation of the sector.
Lets take a closer look at todays news from the RBA.
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Noosa News20 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
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Noosa News20 hours agoBrisbane-bound traffic diverted after pile-ups along Bruce Highway
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Noosa News20 hours agoMan arrested after police chase: Driver shot, woman dies in crash
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General18 hours agoSummah Richards, 12, mourned after fatal e-scooter in Laidley, Queensland