Opinion on regulation of BNPL in Australia 2023

Published by L. Granwal, Sep 19, 2023
In a survey conducted among financial advisors in Australia in 2023, around 90 percent of respondents agreed that buy now, pay later (BNPL) should be regulated under the National Credit Code. Just 1.6 percent of respondents disagreed with this statement.

Opinion on if buy now, pay later (BNPL) should be regulated in Australia as of May 2023

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Source

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Release date

July 2023

Region

Australia

Survey time period

April to May 2023

Number of respondents

503 financial counsellors

Supplementary notes

Figures are based on a survey of financial counsellors about their casework experiences.

Survey respondents were asked whether they agreed or disagreed with the statement: “BNPL should be regulated under our National Credit Code.”

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Statistics on " Buy Now, Pay Later (BNPL) in Australia "

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Other statistics that may interest you Buy Now, Pay Later (BNPL) in Australia

Overview

4

BNPL usage

4

BNPL providers

5

Consumer habits

6

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Topics

Buy Now, Pay Later (BNPL) in AustraliaFintech in AustraliaBanking industry in AustraliaDigital payments in Australia
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