The information will be leveraged by accredited BNPL players, in accordance with the BNPL Code of Conduct.
The Singapore FinTech Association (SFA) and the Buy Now, Pay Later (BNPL) Working Group have appointed American-Irish multinational data analytics company Experian as the bureau operator for Singapore’s BNPL Working Group.
Experian will operate the BNPL bureau in Singapore with all accredited BNPL players sharing users’ credit information, such as outstanding BNPL balances, missed payments and delinquencies, to facilitate creditworthiness checks.
