BNPL faces the regulator: What FCA oversight means for providers
Yahoo Finance·2025-10-24 05:27
Unlike current regulations, improved checks will be required for every BNPL request. Current standard practice is for the customer to detail their income and expenditure, with the service often approved from there. As of next year, that process will change, with companies like Payment Assist carrying out an increased number of checks.The forthcoming shift is poised to reshape the BNPL landscape in the UK, with the relationship between retailers and customers set to significantly change, essentially broken d ...