FCA acts against PayPal and QVC as more Britons turn to buy now, pay later
by Rupert Jones from World news | The Guardian on (#6G02B)
Payments group and TV shopping channel change small print after financial regulator steps in
The City regulator has taken action after finding that customers of two leading buy now, pay later providers were at risk of harm" because of potentially unfair and unclear small print.
The US-based online payments group PayPal and the TV shopping channel QVC have changed the terms of their contracts after the Financial Conduct Authority (FCA) expressed concern" over the impact to customers.
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