They have gone with the 2nd option under the Options Paper,...

They have gone with the 2nd option under the Options Paper, being partial regulation under the Credit Act. This is a massive win for Zip. Option 1 was never going to be chosen as it was far too lenient. All those shorting the stock, as well as consumer groups and various other detractors were hoping for Option 3 which was the harshest regulation, sorry guys! With the increased regulation comes protection for the consumer and with that may come a new wave of bnpl usage as it has the potential to be seen as a mainstream payment method, not just for those who are struggling financially each month but just anyone who wants to defer some of their cash outflow for other reasons, such as reducing interest on other loans, mortgages, etc

Yeah seems someone knew about this last week.