Bongi Gwala spoke to Leonie van Pletzen, CEO of MicroFinance South Africa, about Buy Now, Pay Later (BNPL) apps, which offer quick access to credit but risk trapping South Africans in hidden debt and fees. Van Pletzen emphasized the urgent need for regulation under the National Credit Act to protect vulnerable consumers, highlighting the potential for financial exploitation and the importance of responsible lending in the rapidly growing digital credit market

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