China Bars Shopping Apps From Pushing Loans at Checkout
⏮ BeforeShopping apps could encourage customers to buy loans at checkout.
✅ NowFood delivery, e-commerce and other purchase platforms are no longer allowed to do so.
In short
- Food delivery, e-commerce and other purchase platforms will no longer be allowed to promote financial products at checkout.
- The rule covers loans offered to customers while they are buying other things.
- The source gives no details on enforcement or start date.
Why the Good News Desk likes this one
Loans offered at the moment of purchase can pull people into debt they did not plan for. The change limits that pressure on ordinary buyers. The source does not say when the rule takes effect or how it will be enforced.
Advertisement
From Sixth Tone
Food delivery, e-commerce, and other purchase platforms will no longer be allowed to encourage customers to buy financial products such as loans at checkout.
Ask this story
More like this
Advertisement