How grocers should respond to new checks on buy now, pay later

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From 15 July, BNPLs will now be mandated to run affordability checks for borrowers – meaning several millions of people will no longer be able to use it. Chris Bennett of Fair For You offers advice on how to respond

Buy now, pay later (BNPL) has had a dramatic impact since arriving in this country in 2014. The sector is worth £28bn, with 23m users, according to The Payments Association.

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