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UK regulators introduce new rules for Buy Now, Pay Later services to protect consumers from debt.
UK households are increasingly using Buy Now, Pay Later (BNPL) services for essential expenses, with nearly half of adults resorting to these and other credit options.
In response, the Financial Conduct Authority will introduce new rules for BNPL companies, including affordability checks and faster access to refunds, to protect consumers from debt traps.
These measures aim to ensure clarity and fairness for the millions using BNPL services like Klarna and PayPal, while also supporting industry growth.
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Los reguladores del Reino Unido introducen nuevas reglas para los servicios de Comprar ahora, pagar más tarde para proteger a los consumidores de la deuda.