New measures aim to shield traditional retailers from the adverse effects of Buy Now Pay Later schemes.
Highlights:
- The Dutch government is taking steps to regulate BNPL services.
- Regulation aims to protect high street retailers from financial risks.
- Concerns arise over the growing popularity of Buy Now Pay Later schemes.
The Dutch government is actively working on new regulations to manage the influence of Buy Now Pay Later (BNPL) services on high street retailers. This initiative comes as a response to the rising concerns about the sustainability and fairness of BNPL options, which have been increasingly utilized by consumers. The proposed measures highlight the need to balance consumer choices with the financial health of traditional retail sectors. Stakeholders urge timely action to ensure a level playing field in the market.
