Retailers urged to prepare as BNPL regulation deadline approaches

Retailers offering Buy Now, Pay Later at checkout are being urged to review their customer journeys ahead of new rules bringing the payment method under Financial Conduct Authority regulation.
The new regime comes into force on 15 July and marks a major shift for the UK retail payments market, as BNPL lenders face stronger oversight and tougher consumer protection requirements.
The reforms are designed to ensure shoppers are given clearer information before borrowing, while lenders will also be