Here is a look at how buy now, pay later works and what changes customers can expect to see.
Notifications can be managed in browser preferences.
Swipe for next article
Removed from bookmarks
I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice
Here is a look at how buy now pay later works and what changes customers can expect to see:
New 'affordability checks' for Buy Now Pay Later users from July 15
Buy now, pay later rules changing today with new affordability checks
What do new ‘buy now, pay later’ protections mean for you?
Consumers turn to buy now, pay later for essential expenses — with growing risks
BNPL regulation is proof that industry and regulators can work together successfully
A major rule change for Buy Now, Pay Later (BNPL) services is set to take effect on 15 July 2026
Buy now, pay later allows people to spread the cost of purchases, normally interest-free, over a set period of time
From July 15, Buy Now Pay Later (BNPL) products will be subject to a new regulatory regime.
The change comes into affect next month
BNPL can be a fee-free way to manage cashflow for an essential purchase but keep track of the payment schedule
Why wait weeks to collect a lay-by purchase when you can walk out of the store today with your fashion items pay for it over the…
