A Framework for Responsible Digital Lending
Regulatory infrastructure framework for safer, transparent digital lending
As the UK's Buy Now Pay Later (BNPL) market accelerates, millions of consumers now rely on short-term credit at checkout. But as access expands, visibility disappears. Multiple loans across providers, limited oversight, and rising fraud leave individuals and institutions vulnerable. The tools to protect consumers and maintain financial stability have not kept pace.
Without change, systemic risks will deepen. Overexposure, unreported debt stacking, and unchecked late fees could undermine trust in the entire sector. Consumers will suffer. Providers will be penalised. The regulatory burden will rise. What began as convenience may escalate into crisis.
BNPL PassPay™ (Personal.Approval.Safety.Standard) is a regulatory infrastructure framework designed to support a safer, more transparent digital lending ecosystem. It offers a deployable model for oversight without intrusion, and protection without complexity. Built to align with UK regulatory intent, BNPL PassPay™ addresses the core structural gaps—quietly, effectively, ethically, and without disrupting the market.