BNPL Regulation Is Coming to the UK 🇬🇧 After years in the making, new rules for Buy Now, Pay Later are set to arrive in 2026. This is great news for consumers, retailers, and the entire industry, promising stronger protections, higher standards, and clearer guidance. The upcoming regulation is expected to cover: ✅ Creditworthiness checks and strong customer support 📝 Transparent advertising and clear pre-contract information 📣 FCA oversight on promotions and communications 💸 Enhanced purchase protections for shoppers We’ve championed these changes and already operate to many of these standards. Klarna is here to support our merchants and shoppers every step of the way as the new regulations take shape. Together with regulators and partners, we’re committed to making BNPL safer and more transparent for everyone. #BNPL #Regulation #ConsumerProtection https://lnkd.in/eU48a3tq
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Fraud Analyst at Superdry
3moThat is good news, but your current dispute process leaves a lot to be desired from the merchant perspective. Will enhanced protection only make it more difficult for merchants to successfully defend an unnecessary dispute? In all honesty I'm pushing to move away from Klarna because it doesn't work as well as ClearPay or other BNPL, or as it could. I guess we shall see what changes and hopefully improves.