The buy now, pay later industry says payday lenders such as Beforepay are trading off the industry’s reputation but do not fit the category, as consumer groups call for more regulation to protect against unscrupulous lending.
Diane Tate, CEO of the Australian Finance Industry Association.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
