Equifax will be adding a new business industry code for buy now, pay later (BNPL) transactions. Beginning in the first quarter of 2022, BNPL transactions will be included in the ...
On December 16, 2021, the Consumer Financial Protection Bureau (CFPB) issued orders to five (5) “Buy Now, Pay Later” (BNPL) companies, including Affirm, Afterpay, Klarna, PayPal, and Zip, concerning their ...