Buy now, pay later customers will undergo affordability checks and will have access to support if things go wrong under stronger protections coming into force from July. The sector will come under Financial Conduct Authority (FCA) regulation from July 15, 2026. From this date, anyone using buy now, pay later must receive clear, upfront details about their agreement. This should include when payments will be due, how much will be due, and what happens if they miss a payment. Buy now, pay later