Dutch government aims to prevent 'buy now, pay later' purchases in stores

Government

:The Dutch government is seeking to prevent the rollout of "buy now, pay later" services in physical retail outlets due to the financial risks they pose for consumers, according to a letter sent by Finance Minister Eelco Heinen to parliament on Tuesday. "Buy now, pay later" (BNPL) schemes surged in popularity for online purchases since the COVID-19 pandemic and allows consumers to split payments over time into smaller, interest-free installments. These loans are often provided by digital

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Dutch government aims to prevent 'buy now, pay later' purchases in stores https://www.channelnewsasia.com/ - 22.01.2025 21:17
Dutch government aims to prevent 'buy now, pay later' purchases in stores https://www.channelnewsasia.com - 22.01.2025 19:41

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Dutch government aims to prevent 'buy now, pay later' purchases in stores https://www.channelnewsasia.com/ - 22.01.2025 21:17
Dutch government aims to prevent 'buy now, pay later' purchases in stores https://www.channelnewsasia.com - 22.01.2025 19:41