ASIC bans Katherine shop Indy-C store from using Centrepay over concerns for vulnerable Aboriginal consumers.

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ASIC bans Katherine shop Indy-C store from using Centrepay over concerns for vulnerable Aboriginal consumers.

The consumer watchdog has banned a second North *********** retailer for remote Aboriginals from selling their goods to ******** recipients on credit.

The more than 20 year-old Indy – C store in Katherine, NT, has been issued a 21-day stop order by the *********** Securities and Investment Commission from using Centrepay which acts as a buy now pay later scheme for Centrelink recipients.

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#ASIC #bans #Katherine #shop #IndyC #store #Centrepay #concerns #vulnerable #Aboriginal #consumers

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