Regulation and how it may look, page-2

I'm interested to know what you think of this proposition: at present the BNPL industry lives and dies on the 'Pay in 4' enshrined in laws in various places (which says that a payment product of more than 4 is defined as credit, those of less are not). With the new regulations, is it not likely that 'Pay in 4' be extended to a longer period? There are financial considerations for the provider, but the proliferation of split credit card functions up to 12 months, of which some are offered as interest free, provide guidance. Knowing that you have read submissions and the varying options, has there been any talk of extending BNPL beyond Pay in 4?