Buy now pay later in the spotlight

In the Netherlands Buy Now Pay Later (BNPL) is the subject of debate in the media with the government with the regulatory authorities and at the Dutch Supreme Court (Hoge Raad). With this briefing we provide an overview of the latest developments.

In the media BNPL has received a lot of attention mostly regarding the risk of young adults becoming over-indebted. In the Dutch parliament questions were raised on the measures that the Dutch government is taking to protect young consumers from this risk. Furthermore the Authority for the Financial Markets (AFM) responsible for market conduct supervision in the Netherlands published a report on the risks and shortcomings of BNPL. In addition in a case pending before the Dutch Supreme Court the Advocate General (Advocaat-Generaal AG) to the Dutch...