TLDR Tech / Fintech
BNPL regulation changes the checkout conversation
For years, BNPL has been viewed mainly through a commercial lens. For merchants, it promised a way to increase conversion, lift average order value, and give customers more flexibility at checkout. For consumers, it offered a simple, often interest-free way to spread the cost of purchases without applying for a traditional credit product. That appeal remains. BNPL is useful, convenient, and commercially valuable when used well. However, from July 15, the regulatory focus changes in the UK as Deferred Payment Credit (DPC), the short-term, interest-free credit product more commonly associated with BNPL, comes under FCA regulation.
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