fintech / news / / Australian Financial Review
The Reserve Bank of Australia will launch a review of payments regulation.
The Reserve Bank of Australia will review payments regulation impacting BNPL and digital wallets.
KEY POINTS
- The review may require BNPL firms to let retailers pass service costs to consumers.
- Apple will stop using its own balance sheet to finance BNPL loans.
- Apple Pay will now offer BNPL loans through third-party specialist providers instead.
COMPANIES
Summarized by Newsio from Australian Financial Review. How we summarize →