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Die EU plans directive to protect young people from debt traps when shopping online. The policy requires a credit check for buy-now-pay-later (BNPL) options. A survey shows that BNPL is popular with young customers, but it can also lead to payment difficulties. The EU directive aims to protect consumers from over-indebtedness. Store operators should consider whether BNPL is necessary for them and take their target audience into account. Technical adaptations to the online store are required to implement the credit rating check.
Click here to read the blog post of t3n.de on the topic Challenges for store operators in online shopping. In t3n-Blog the team of yeebase media GmbH informs you about current topics around e-commerce and online marketing. yeebase media GmbH is a media partner of Smartstore AG.