BREAKING: ASIC report into BNPL has not called for any additional regulation.Missed payment fee revenue for all six buy now, pay later providers in the review was more than $43m, up 38% on a year earlier.Openpay, Oxipay and then Afterpay had the highest percentage of transactions incurring missed payment fees.the number of buy now pay later transactions increased from 16.8m in the 2017-18 financial year to 32 million in the financial year 2018-19, an increase of 90%.Total revenue from buy now pay later arrangements across the six providers grew by 50%, from $266m in 2018 to $398m in 2019.ASIC said it expects players "to work collectively to develop a code that provides good consumer outcomes across the diverse range of business models operating in the industry".
BREAKING: ASIC report into BNPL has not called for any...
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Last
$2.42 |
Change
0.010(0.41%) |
Mkt cap ! $3.159B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.44 | $2.34 | $24.73M | 10.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 236373 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 219576 | 25 |
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| ZIP (ASX) Chart |