Buy now in the UK, please pay and confirm the firms like Clarna

As of Monday, the British government put offers to bring short-term loans in accordance with the official rules, now pay the sector to squeeze the “wild west”.

Fintech firms like Clarna and Clarna Block After offering interest-free financing for food supply from afterpay, fashion and gadgets, it is concerned about the fact that it is also suitable. Location is highly competitive with our player Approve Launching in the UK last year.

City Minister Emma Reynolds has now prepared to make the “wild west”, which has now buys “wild west”, then to pay the place and adding measures to the sector, you need to grow and do it in the sector. “

Under British offers, BNPL will be required to ensure that they can ensure that they borrowed borrows and allow customers to return and provide them.

Consumers will also be able to receive BNPL complaints to the financial ombudsman created to address disputes between the British parliamentary companies and financial services.

According to the government, the rules are expected to take effect next year.

Klarna said he was supported for a long time to bring BNPL to arrangement. “It is good to see the adjustment progress and look forward to working with FCA on the rules to protect consumers and protect the innovation,” the company promotes the company to CNBC via E-mail.

“The regulatory sector is a clarity and compliance of the sector, setting a consistent operating environment and compliance standards for all providers,” AFTERPAY spokesman, Afterpay’s spokesman.

“Also, it will create a more sustainable foundation for the future of BNPL as it continues to grow as a daily payment option for consumers.”

Now, when purchased, they openly expressed support for the settlement of firms, many were worried about the regulators that apply the outdated rules to their work models. The credit act of lending and lending in the UK was available for more than 50 years.

The government said the government planned to adapt the consumer credit act today to the “modern, growth” that reflects how people received today.

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