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Australians are using financial products as budgeting tools.

More consumers using buy now, pay later and loyalty rewards for everyday expenses

Paypal, Flybuys and Afterpay say more people are using financial products and rewards programs as households battle cost-of-living pressures.

  • Jessica Yun

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The government is in the middle of regulating buy now, pay later products like Afterpay and Zip.

All the ways to get your pay early – and why you should never use them

Just 50 years ago, it was near impossible to spend more than you earned. Today, it’s a piece of credit cake.

  • Nicole Pedersen-McKinnon
Zip said the business in the US and Australia is now “growing sustainably”.

The real risk facing Afterpay and its rivals

Afterpay turns 10 this year and the tricky debate on how best to regulate buy now, pay later firms is still going on.

  • Clancy Yeates
Buy Now Pay Later

Tougher rules on Gen Z’s favourite credit coming soon

Buy now, pay later providers including Afterpay, Zip and Klarna will be brought under the Credit Act in changes that have been a long time coming.

  • Rachel Clun
Nick Molnar, co-founder of Afterpay.

Afterpay co-founder points to Gen Z, Millennials’ growing economic clout

The cost-of-living crisis has fuelled greater demand for buy now, pay later products – especially from younger Australians – says Block executive Nick Molnar.

  • Clancy Yeates
The government is in the middle of regulating buy now, pay later products like Afterpay and Zip.

Critics warn changes to buy now, pay later don’t go far enough

Until now, these wildly popular facilities like Afterpay and Zip have slipped through the cracks of the National Credit Code. But that is soon to change.

  • Nicole Pedersen-McKinnon
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Despite cost-of-living pressures, Afterpay head of policy Michael Saadat said there was no notable increase in signs of financial stress.

Afterpay lifts credit limit while bracing for looming buy now, pay later laws

Afterpay is preparing for proposed government legislation that would require buy now, pay later operators to perform credit checks on new customers.

  • Millie Muroi
More consumers are at risk of getting caught in cascading debt

Fears as more shoppers use credit cards to buy now, pay later

Many people are using credit cards to pay off their buy now, pay later (BNPL) debt, stoking fears of a cascading “debt trap”.

  • John Collett
Buy now, pay later services can seem like a good deal on the surface, but can be problematic if used improperly.

Just Afterpay it? If you buy now, you might pay later

Buy now, pay later services can seem like a good deal on the surface, but can be problematic if used improperly.

  • Dominic Powell
The Australian Finance Industry Association has released interim guidelines to protect customers ahead of the federal government’s intended regulation of the popular short-term loans.

Buy now, pay later companies commit to better access to hardship support schemes

The Australian Finance Industry Association has released interim guidelines to protect customers ahead of the federal government’s intended regulation of the popular short-term loans.

  • Sumeyya Ilanbey

Original URL: https://www.watoday.com.au/topic/buy-now-pay-later-1nnp