Willem Wellinghoff, Chief Compliance Officer at inclusive global payment solution provider, Ecommpay, comments on the new FCA regulations for Buy Now Pay Later providers that will be implemented from 15th July 2026:
“BNPL has undeniably allowed flexible payments to be part of the payments ecosystem, but for the sector to mature, it must be built on a foundation of trust and sustainability. Ecommpay has always viewed BNPL as an important inclusive payment method for merchant growth and customer flexibility, but it must never come at the cost of consumer financial health. We, therefore, welcome this proportionate regulatory regime as a necessary step to protect consumers from over-indebtedness without stifling innovation.
“Aligning BNPL with clear standards of responsibility is a win-win: it safeguards shoppers and builds long-term confidence in the payment methods merchants offer. Ecommpay is fully supportive of the new measures from the FCA and will continue to build an inclusive payment ecosystem, with BNPL alongside other payment methods, ensuring merchants can offer flexibility that is both effective and ethical.
“Our focus remains clear – empowering merchants with inclusive payment options while ensuring their customers have the transparency and flexibility in payment methods they deserve and trust. “
