In an email to customers on Monday, Afterpay said it was “aware of recent increases in fraudulent phishing text and email activity” across the industry.
Consumer advocacy group Choice has revealed the winners of this year's Shonky Awards, naming a buy now, pay later provider and bladeless fan as some of the 'shonkiest' products and services.
According to ASIC, some users are suffering financial stress to make BNPL payments, even skipping meals or missing bills. But the regulator has not imposed any new rules.
