Listen: New Buy Now Pay Later regulations and what this could mean for our money

Buy Now, Pay Later (BNPL) is reshaping how UK consumers shop, offering a flexible way to manage spending. More than half (53%) have used BNPL services to spread costs, and a further 48% plan to once regulations arrive in 2026. Many see it as a valuable financial tool—55% say it helps them manage expenses, and 39% use it for budgeting. As BNPL continues to grow, ensuring consumers have clarity on how it works and the available safeguards will be key to building confidence in the sector.

New research from Clearpay highlights how consumers approach BNPL repayments. 43% consider payment schedules when selecting a plan, and 36% factor in upfront costs—demonstrating how shoppers carefully assess their budgeting options.

With BNPL regulation set for 2026, there is a key opportunity to enhance consumer understanding and trust. 57% remain unaware of the upcoming changes, highlighting the importance of informing consumers about new safeguards and how they support responsible spending.

Ros spoke to money expert and author Ellie Austin-Williams.

Photo by Colin Watts on Unsplash