It looks like Mr Frydenberg is about to shake up BNPL in Australia with more formal reforms and a regulatory framework in place, to challenge and stop consumer fees in BNPL
zips fees to consumers are some of the highest in Aus, so it will be interesting to see the impacts this will have on bottom line in an already stagnating and saturated market for zip.
https://amp.theaustralian.com.au/breaking-news/australia-to-reform-rules-around-cryptocurrency-buy-now-pay-later-and-digital-wallets/news-story/8085455e8e778fbdea5826e349f7d78c
#BnplGoingToZero, page-329
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