we participated quite heavily in the woolard review and we were supportive of the recommendations thatemise that the regulation needs to be appropriate for the utility of the product. our average transaction value is only £74. we're not talking about lending thousands of pounds to individuals — they are small transactions. but ten months on, buy now, pay later remains unregulated. the financial conduct authority which ordered the woolard review says it's vital the law adapts as the market innovates and says, the government says it's "considering the most effective way to bring these products into the scope of regulation and is progressing this work as quickly as possible." time is ticking. another christmas is about to go by without regulation. shoppers will be using buy now, pay later to do their christmas shopping. but we need to see regulation implemented urgently to bring it in line with any other kind of credit product. buy now, pay later continues to grow. using zilch is super simple. this company offers a service for grocery shopping. unlike others we let you know exactly what y