FCA finalises new protections for BNPL users from July 2026

The UK’s Financial Conduct Authority (FCA) has confirmed that regulatory protections for buy now pay later (BNPL) customers will come into force on 15 July 2026. After it becomes effective, BNPL arrangements will be brought within the scope of the Consumer Duty. This will help ensure that consumers receive clear, upfront information on their agreements, including payment dates, amounts due and the consequences of missing payments. Lenders will also be required to carry out proportionate affordability a ...