BNPL Legalities?

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BNPL Legalities?

Post by S O K A R » 17 Feb 2023, 9:17 pm

Wasn't real sure where to put this, so this will do.

So I'm aware you can't use BNPL (Afterpay, Zip pay, Klarna etc) for the purchase of firearms/firearm parts/ammo, although it can still be used for other things such as scopes, range finders etc I believe.
Was it a law introduced that stopped this?
Or just something these companies decided to do off their own back?

Had someone ask me the question the other day & I didn't know the answer.
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Re: BNPL Legalities?

Post by Lazarus » 17 Feb 2023, 9:37 pm

I could be wrong, but I think it's just softcockery, pandering to advertisers and the green/vegan/PETA type people.

Gumtree is even worse.

I tried advertising a Pard007 with a full description and it was knocked back with a message that they don't handle any firearm related items.
Yet when I tried again and just called it a night vision device, it got through.
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Re: BNPL Legalities?

Post by S O K A R » 17 Feb 2023, 10:15 pm

So did a little digging, here is what I came up with.
Links provided for anyone that wants to have a read.

The AFIA code states in section 8.7 (f): (that members) Take reasonable and appropriate steps to ensure our Merchants or Retail Partners that we have a direct relationship with will not provide our BNPL Products or Services for online gambling, retail gambling, gambling at domestic or offshore casinos and the purchase of firearms.


An AFIA spokesperson said the decision to exclude firearms sales from Buy Now Pay Later financial services was made by the providers themselves.


Following further representations from SIFA highlighting that Australian firearms businesses sell items other than firearms, AfterPay agreed to no longer refuse our industry outright, but remained firm that the purchase of firearms and ammunition through their service will remain prohibited.


The AFIA has advised SIFA that their industry Code of practice is to be reviewed before March 2023.


https://sportingshooter.com.au/news/afterpay-and-zip-pay-ban-credit-for-firearm-sales/

https://sifa.net.au/buy-now-pay-later-except-for-law-abiding-highly-regulated-australian-businesses/#:~:text=Following%20further%20representations%20from%20SIFA,their%20service%20will%20remain%20prohibited.

https://sifa.net.au/wp-content/uploads/AfterPay-Firearms-QA.pdf
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Re: BNPL Legalities?

Post by deye243 » 18 Feb 2023, 8:50 am

Yes I knew it was the woke agenda but isn't it funny have a look on eBay literally millions of items and everybody pays with PayPal
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Re: BNPL Legalities?

Post by Barbarian » 21 Feb 2023, 6:16 am

S O K A R wrote:Wasn't real sure where to put this, so this will do.

So I'm aware you can't use BNPL (Afterpay, Zip pay, Klarna etc) for the purchase of firearms/firearm parts/ammo, although it can still be used for other things such as scopes, range finders etc I believe.
Was it a law introduced that stopped this?
Or just something these companies decided to do off their own back?

Had someone ask me the question the other day & I didn't know the answer.


While the providers themselves chose what purchases they'll allow, I've used the single use Credit Card option via Zip Money a few times to no detrimental effect. I've always had my own credit card prepared just incase but the extra interest free period is nice.

Purchases from Scoped Out, the Barn and Lawrence Ordnance have all gone though fine.
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Re: BNPL Legalities?

Post by straightshooter » 21 Feb 2023, 7:32 am

The underlying principle of BNPL is that the 'purchaser' is not the legal owner of the goods until they are fully paid for as per the contract.
What must be understood is that BNPL is a reincarnation via a work around of the old system of hire purchase which is banned.
Providers just want your money. They don't want the liabilities and potential costs resulting from compliance with the various Firearm Acts.
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