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KLARNA has revealed a major change to its famous buy now, pay later scheme.

KLARNA has revealed a major change to its famous buy now, pay later scheme.

New rules to protect shoppers from spiralling into debt with Buy Now Pay Later (BNPL) products will come into force in 2026.

Image: Cath Virginia / The Verge, Getty Images

Firms such as Klarna to be required to do affordability checks, in effort to protect consumers from ‘cycle of debt’

All buy now, pay later lenders will have to do affordability checks under new crackdown, with borrowers giving better comeback if things go wrong

Apple Inc (NASDAQ:AAPL) is expanding its payment offerings within Apple Pay, providing users with more flexible online and in-app purchase options. The company is introducing installment loan features and increasing the availability of…

The BBC Sounds and ITV star spoke out over a new Buy Now Pay Later shake-up coming to the UK.

Shoppers will be given access to key protections provided by other forms of credit, the Government said.

Shoppers will be given access to key protections provided by other forms of credit, the Government said.

Shoppers will be given access to key protections provided by other forms of credit, the Government said.

New regulation would allow finance watchdog to apply tests on affordability

In June, Apple discontinued its "buy now, pay later" service called Apple Pay Later, which let qualifying customers split a purchase made with Apple Pay into four equal payments over six weeks, with no interest or fees. Instead, Apple said…

The planned change under the new Labour Party government is set to be introduced and will happen within months.

HUGE changes to Buy Now, Pay Later rules that will protect shoppers are set to kick in within months under major new plans by the government, The Sun can reveal.

HUGE changes to Buy Now, Pay Later rules that will protect shoppers are set to kick in within months under major new plans by the government, The Sun can reveal.

More Apple Pay installment options are available from today, and additional buy now pay later providers are promised.

Klarna is recruiting four people to work on a product for customers to buy and sell stocks on its app, according to an internal message seen by BI.