US, Australian, NZ and UK authorities worked together to frame credit laws for BNPL and the results are popping up across the globe. Larger operators with diversified offerings are less affected than smaller ones who rely on high fees charged to customers directly, and indirectly through merchants.
Authorities in Australia, New Zealand, the UK and the US don't mind BNPL but they do mind the most vulnerable customers paying the big fees and they are systematically putting the squeeze on. Tic toc
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