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CFPB plans to spike BNPL rule

Summary by paymentsdive.com
The buy now, pay later industry sued to block the consumer-friendly rule, arguing that the services are not the same as those offered via credit cards.

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paymentsdive.compaymentsdive.com
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CFPB plans to spike BNPL rule

The buy now, pay later industry sued to block the consumer-friendly rule, arguing that the services are not the same as those offered via credit cards.

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thepaypers.comthepaypers.com

CFPB drops BNPL rule in regulatory shift

The CFPB has announced plans to rescind its May 2024 interpretive rule that classified BNPL products under the same rules as credit cards.

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paymentsdive.com broke the news in on Monday, March 31, 2025.
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