Laybuy: Launches BNPL code of practice

  • Laybuy, the leading New Zealand-based BNPL provider, published the UK’s first draft Code of Practice for members of the BNPL sector
  • Laybuy established to help consumers avoid the traps of high-interest credit debt
  • Help families better manage their budgets by allowing them to stagger their payments interest-free
  • One of the UK’s largest BNPL providers very strongly establishing a code of conduct which prioritises
  • Always act fairly and honestly, be ethical, and treat customers reasonably in all dealings
  • Provide financial hardship assistance, including freezing repayments and late fees while finding an alternative payment arrangement
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...