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Booming ‘buy now pay later’ sector defends self-regulation We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Buy now, pay later (BNPL) firms such as Afterpay have committed to disclosing caps on their late fees and carrying out mandatory checks on the finances of customers borrowing larger amounts under an industry code taking effect today. Amid surging valuations for BNPL stocks and a heated debate about whether the booming market should be more stringently regulated like credit card products, the industry’s code of practice attempts to set various minimum standards for eight member firms, including local leaders Afterpay and Zip.

Peter grayClancy yeatesGerard brodyDiane tateConsumer action law centreFinancial services royal commission finalFinancial services royal commission final reportLatitude financialபீட்டர் சாம்பல்ஜெரார்ட் பிராடிடயான் டேட்நுகர்வோர் நடவடிக்கை சட்டம் மையம்நிதி சேவைகள் அரச தரகு இறுதிநிதி சேவைகள் அரச தரகு இறுதி அறிக்கைஅட்சரேகை நிதி