O czym mówiliśmy
On 2022-10-26 Cashless.pl examined national payment institutions (KIP), small payment institutions (MIP) and buy-now-pay-later (BNPL). The case mattered to businesses because such regulations shape not only the wording of legal documents, but also the design of sales, payments, security and customer-communication processes. The discussion focused on the practical consequences of implementation and the risks arising from an overly narrow or overly formal reading of the rules. The outlet asked Tomasz Klecor for comment on the topic of the publication.
Co podkreślaliśmy
-
The draft anti-usury law could differentiate the position of banks compared with KIPs and MIPs offering similar credit products.
As a result, credit-card credit and deferred payments could end up subject to different cost limits.
-
Unclear regulatory carve-outs are particularly risky for non-bank operators.
Payment firms need predictable rules in order to design BNPL products and payment limits without legal arbitrage.
-
The issue concerned not only consumer protection but also competition in the financial services market.
Where banks and fintechs offer similar products, regulation should avoid an unjustified advantage for one group.