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‘Buy now, pay later’ firms like Klarna and Laybuy will now face tougher regulations by UK authorities after their usage nearly quadrupled last year.
The Financial Conduct Authority (FCA) will…
Read More170 online retailers in breach of consumer law over returns policies
Nearly 200 online retailers offering payment via “buy now, pay later” (BNPL) schemes have been found to be in breach of UK consumer law.
Which? has found 170 retailers, promoted…
Read MoreKlarna launches new campaign dispelling stereotype that “millennials are useless with money”
Klarna UK has launched a new campaign to challenge the stereotype that “millennials are useless with money” as the debate over payment services intensifies.
The Swedish payments giant has launched…
Read MoreUK shoppers nearly twice as likely to use ‘buy now, pay later’ schemes than buy second hand
UK shoppers are nearly twice as likely to use a ‘buy now, pay later’ (BNPL) service than they are to buy fashion items second hand.
According to new research from…
Read MoreWhat will be the biggest retail and payments trends of 2021?
1: David vs. Goliath: SMEs will offer a personalised alternative to the likes of Amazon
The pandemic has shifted many brick-and-mortar stores online for the first time and has also…
Read MoreAdvertising watchdog bans “irresponsible” Klarna adverts
The Advertising Standards Authority has upheld claims made against a series of Instagram posts promoting Klarna Bank’s deferred payment services.
The ASA on Wednesday ruled that Klarna could not show…
Read MoreBuy Now, Pay Later firms to face tougher advertising restrictions
The Advertising Standards Authority (ASA) has released tougher guidance on how Buy Now, Pay Later (BNPL) schemes advertise their financial services.
The ASA’s sister organisation, the Committee of Advertising Practice…
Read MoreMidweek Catchup: PS5 scalper chaos, Black Friday delayed and robotic delivery fleets
You can read all these stories below:
PS5 scalpers used “bots” to buy up more stock than most UK retailers
Amazon “really sorry” after customers’ PS5s go missing in alleged…
Read MoreMidweek Catchup: UK suffers parcel mayhem, Amazon Pharmacy launches and Debenhams goes digital
You can read all these stories below:
Half of British shoppers experienced delivery issues during lockdown
Co-op steps up rapid delivery in Wales to serve rural communities
Debenhams opens virtual…
Read MoreKlarna launches price-tracking feature
Klarna has announced the launch of a price drop widget allowing customers to track the latest deals and sales.
Created in time for the festive season, Klarna’s new iOS feature…
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