Licensing essentials: Credit Licensing for Buy-Now-Pay-Later

Buy Now Pay Later products will soon face stronger regulation. Here’s how providers can comply with the June deadline. Buy-Now-Pay Later (BNPL) products are now included in the definition of a ‘credit contract’ following recent amendments to the National Consumer Credit Protection Act 2009 (Cth) (NCCP Act). BNPL providers will now need to comply with […]