All the key changes for Buy Now, Pay Later customers from Wednesday

Significant changes for Buy Now, Pay Later customers commence this Wednesday. New regulations mandate that firms provide clear and upfront details regarding customer agreements. These updates follow a period of substantial growth in the sector, with almost 11 million shoppers utilising BNPL services during the twelve months ending in May 2024. The measures aim to ensure transparency for millions of users as the industry implements these required disclosure standards across all its service offerings.