UK Brings Buy Now, Pay Later Under Full Consumer Credit Regulation: Banks Stand to Gain Most

The countdown is on. In 70 days, the UK’s buy now, pay later market will look fundamentally different. The Financial Conduct Authority confirmed on February 11, 2026 that its landmark regulatory framework for Deferred Payment Credit, the official classification for interest-free BNPL products repayable in 12 or fewer instalments over 12 months or less, will […]