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Affirm is working with Xsolla to let game developers offer players a BNPL option when they buy items they can use in video games, a Thursday news release said. Spokespeople for those companies did not immediately respond to messages seeking comment. Longer-term loans are also available.
We are encouraged by the work the CFPB has done to better understand the BNPL industry. In their letter, AFC applauded the CFPB for their 2022 report on BNPL and for their continued engagement with industry leaders. To that end, our members offering BNPL loans have sought to ensure they are aligned with this standard,” wrote Ian P.
The American Fintech Council , the industry association representing responsible fintech companies and innovative banks, has welcomed new recommendations regarding buy now, pay later (BNPL) but warns that providers need more time to ensure compliance.
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