Buy Now Pay Later Code of Practice
AFIA’s BNPL Code of Practice set clear rules for how participating finance providers treat their customers. This code is no longer accepting new members, as current members are transitioning to the AFIA Code.
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About BNPL Code of Practice
The BNPL providers accredited to this Code are Afterpay, Brighte, Payright, Plenti and ZipCo. The BNPL Code of Practice came into effect on 1 March 2021.
New laws to regulate BNPL as credit (known as “low cost credit contracts”) commenced in June 2025. The AFIA BNPL Code of Practice will continue to operate until Code members move across to become members of the AFIA Finance Industry Code of Practice. This is expected to occur in the first half of 2026. Customers will continue to have the protections offered by AFIA members under the BNPL Code until it is retired.
AFIA Codes of Practice
The codes apply to relevant credit, finance and novated lease products and services provided to customers in Australia by participating AFIA Members.