BNPL licensing in force 10 June 2025
regulatory implementation10 June 2025
Facts
BNPL captured by NCCP from 10 June 2025 as Low Cost Credit Contracts; transition period for existing providers.
Outcome
Providers obtaining ACL; AFCA membership; modified responsible lending.
Read the source
https://asic.gov.au/regulatory-resources/financial-services/credit/buy-now-pay-later-bnpl/Rules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.