Buy Now, Pay Later (BNPL) services have revolutionised the way consumers shop online. They’ve resonated with consumers and proved to be a popular and convenient way to access credit and shop. Retailers, meanwhile are benefitting from the increased volume of online sales that BNPL generates.
The rise in popularity of Buy Now, Pay Later as a method of spreading the cost of shopping has significant implications for consumers and lenders. Until recently the use of BNPL services has been hidden from the UK credit market. However, from April 2022, BNPL providers started sharing their customer's transaction data with the UK credit bureaus, making previously unseen credit and repayment information available for the first time.
Find out what BNPL transaction data really reveals about UK consumers, what data is being shared and how you can access this. Begin to understand the importance of this for your credit risk decisions and how the use of BNPL services in association with other forms of credit could impact on the affordability of consumers.
Register to participate and access our latest thinking on the importance of BNPL data sharing for the UK credit market.
Date: Tuesday 19 July 2022
Time: 2pm
Introduction from the team
Dave Kerry, Head of Insight, Experian UK
Rebecca MacDonald, Director of Originations, Experian UK
Andrea Cox, Director of Affordability, Experian UK
Simon Forster, Senior Consultant, Experian UK
James Jones, Head of Consumer Affairs, Experian UK
Takeaways from the session
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