Australia’s new ‘buy now, pay later’ rules explained | 7NEWS

7NEWS Australia published this video item, entitled “Australia’s new ‘buy now, pay later’ rules explained | 7NEWS” – below is their description.

From AfterPay to Zip Pay, ‘buy now, pay later’ services have exploded, particularly in Australia, allowing shoppers to take goods and spread the payments over a number of weeks. But the largely unregulated market sees many being trapped in a dangerous debt cycle. New rules will set minimum standards for customers.

7NEWS Australia YouTube Channel

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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