Business
New rules for ‘buy now, pay later’ companies in Australia – NEWS.com.au
New rules for ‘buy now, pay later’ companies in Australia
Australia has become the first country to implement industry standards for the buy now, pay later (BNPL) sector, designed to ensure safe practices and name and shame dodgy lenders. The new code drafted by the Australian Finance Industry Association will come into effect on Monday and is the first pledge by the emerging sector to improve safeguards for customers.
Companies such as Afterpay, Klarna and Zip will have to adhere to new rules such as caps on the number of late payments a person can accrue,…
-
Noosa News22 hours ago$20 million program to help women return to work
-
General18 hours agoAustralia’s Diamonds defeat South Africa’s Proteas 65-42 in third netball Test
-
Noosa News22 hours agoSerious traffic crash, Noosa – Sunshine Coast
-
General19 hours agoThousands join pro-Palestinian rallies in towns and cities across Australia amid ceasefire