AFIA Submission to Treasury - Regulating BNPL in Australia
AFIA today released its submission to Treasury’s Options Paper: Regulating Buy Now, Pay Later in Australia.
AFIA welcomed the Government’s recognition of the important role of BNPL in improving financial inclusion, increasing innovation and competition, and driving opportunities for retailers.
The Options Paper provided an opportunity to undertake an evidence-based review of the developing sector and ensure any regulation is appropriately tailored to BNPL’s unique context.