As the collapse of Openpay raises questions about buy now, pay later funding pressures, retailers say short-term credit can boost sales and create jobs.
Michael Saadat, senior executive at Block, which owns Afterpay, says it began credit checking US customers this year and will prepare to do so in Australia.
Consultation on improvements to the regulation of credit, including buy now, pay later products, will begin soon. The federal government has confirmed it is moving ahead with plans to regulate buy
A new report has emphasised the BNPL sectors key contribution to the Australian economy. As possible methods to regulate the buy now, pay later (BNPL) sector are deliberated by lawmakers, a new rep