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New York enacts laws for clearer online cancellations, fair pricing, and BNPL oversight.
Governor Kathy Hochul has signed new consumer protection laws in New York’s FY 2026 budget, requiring clearer online subscription cancellations, transparent return policies, and disclosure when personal data affects pricing.
The law establishes a licensing system for Buy Now, Pay Later services with privacy safeguards and limits certain overdraft fees to protect low- and moderate-income residents.
The measures aim to boost transparency and fairness, with potential influence on other states.
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Nueva York promulga leyes para cancelaciones online más claras, precios justos y supervisión de BNPL.