In Australia the new rules for BNPL are that providers must assess an applicant's income for repayments, gather up information about other borrowings and expenses, prove that they have sufficient capacity to repay, and that the proposed credit is 'not unsuitable'. For BNPL accounts over $2,000 the rules are the same as those for credit cards, which explains why ZIP is seeking to disrupt BNPL by going down the traditional credit card route, to avoid falling foul of the authorities.
That is going to knock a huge dent in customer numbers and volume
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Last
$3.14 |
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Mkt cap ! $4.053B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.10 | $41.92M | 13.28M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14000 | $3.14 |
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|---|---|---|
| $3.15 | 73084 | 7 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |