Buy-now-pay-later firms offering 'indirect credit' must now be authorised by the Central Bank - TheJournal.ie

The regulator has also placed an interest rate cap of 23% APR on all consumer credit agreements.

THE CENTRAL BANK of Ireland has widened its consumer protection rules to cover so-called buy-now-pay-later (BNPL) firms. It means companies offering indirect credit to customers, allowing them to sp… [+1879 chars]

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