Buy now, pay later companies want a say in shaping sector's rules

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The bosses of increasingly popular buy now, pay later companies want the Federal Government to collaborate with the sector when developing regulatory guidelines that will shape the future of Australia's financial technology industry.

Buy now, pay later companies want the Federal Government to collaborate with the sector when developing regulatory guidelines that will shape the future of Australia's financial technology industry.

Peter Gray, the co-founder and director of ZIP Pay, encouraged regulators to adopt an"outcomes-based approach". "The regulators have the tools in their armoury to deal with misconduct or any products that aren't favourable to consumers."

 

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And the ABC probably wants a say in how it's funded.

I bet they do😁

I like it, I use it and the only problem seems to be is they didn’t go cap in hand to the banks. Goes nicely with online shopping and with a retail down turn this must be helping

And?

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