Regarding the other elements, the Council recognised that options that had been tried and tested in a completely different context were, for a number of reasons, out of the question.
So consistent with its philosophy of only regulating when it is clear that doing so is in the public interest, the Board is unlikely to conclude that the BNPL operators should be required to remove their no-surcharge rules right now. Even the largest BNPL providers still account for a small proportion of total consumer payments in Australia, notwithstanding their rapid growth.