Clearpay (Afterpay)

Our Director of Public Policy and Regulatory Affairs, Iana Vidal, recently spoke to Payment Expert on why the UK should not look to rely on old rules to regulate BNPL and what we can learn from the imminent regulations being introduced in New Zealand and Australia.

Clearpay (Afterpay) has always called for fit-for-purpose regulation of the sector that prioritises customer protection and delivers much-needed innovation in consumer credit. It's encouraging that the Government will set out plans to regulate Buy Now, Pay Later shortly. https://lnkd.in/ejKftCd5

Our Future of Retail dinner in partnership with AllBright saw a select group of retailers join us recently for an insightful evening of discussion at the gorgeous AllBright Townhouse. Hosted by our UK Country Manager, Richard Bayer, the fantastic Lisa Byfield-Green, Research Director at Retail Week moderated an illuminating conversation with retail experts Paula Bobbett, Chief Digital Officer at Boots UK, and Anusha Couttigane, Head of Advisory at Vogue Business. Topline takeaways are below:  💡 Despite macroeconomic challenges, customers are cautiously optimistic, but increasingly demand value from retailers.  💡Retailers must be equipped to react immediately to viral trends sparked by social media.  💡Implementing tools like Augmented Reality, and aligning services with customer values such as in-store repairs, are becoming increasingly important. 💡Omnichannel has evolved to the point where omnichannel now exists within online-only platforms. Retailers must decide which audiences they want to reach and where. 💡Buy Now, Pay Later platforms provide consumers with choice, different payment options and the ability to spread costs. Brands like Boots UK are attracting new and younger customers via the Clearpay (Afterpay) app. #retail #innovation #bnpl #futureofretail

⭐ WELCOME John Lewis Partnership ⭐ Team Clearpay (Afterpay) is delighted to partner with John Lewis & Partners to offer Buy Now, Pay Later to its valued customers across fashion, beauty, home and tech. Available online, shoppers can now manage their spending by paying in four instalments over six weeks, interest free. #retail #bnpl #payments 

With 8 in 10 UK adults using at least one fintech tool on a regular basis, UK fintech is a global success story. We’re proud to contribute to the next generation of innovative tech solutions for consumers and retailers. This is why we partnered with Innovate Finance #IFGS this year as a gold sponsor - the must-attend event in the UK fintech calendar. Buy Now, Pay Later is predicted to account for £44 billion of UK online transactions by 2028, and proportionate #BNPL regulation will deliver high consumer protections while encouraging innovation in the sector. #fintech #innovation #regulation #payments

For the latest in #BNPL regulation, head to #IFGS 2024 at Guildhall on 16 April, where Michael S., our International Head of Public Policy will give insights into what successful BNPL regulation should look like and important learnings the UK can take from other markets.

Clearpay (Afterpay) has recorded a jump in sales for prams, moses baskets and baby carriers among people aged 44 to78, as older generations, some of whom will be grandparents, increasingly play a financial role in getting ready for the arrival of a new baby. 

Amrita Ahuja, CFO & COO of Block, recently visited our charity partner Smart Works Charity to celebrate the extension of our partnership, which now includes both Clearpay (Afterpay) and Square UK, both part of Block. As a Primary Partner of Smart Works Charity, we are providing more vital support to the charity, so that they can help even more women to get into the workforce. 

Our UK Country Manager, Richard Bayer, recently hosted an intimate dinner for some of the UK's leading retailers to discuss how to drive performance and leadership for business growth. Click below to see some of the valuable insights shared by our special guest, ex-Manchester United and England captain, businessman and football analyst, Gary Neville. #bnpl #peakperformance #retail

A new government must collaborate with industry now for effective Buy Now, Pay Later (BNPL) regulation later. Clearpay (Afterpay)'s Head of Public Policy, Iana Vidal highlights the positive steps already made in BNPL regulation, and highlights the many aspects that still require refinement to ensure that the rules put in place prioritise customer protection. Click below to read more. #bnpl #regulation #retail