0010 GMT - Buy-now-pay-later providers such as Zip could benefit from any move by the White House to cap credit-card interest rates at 10% for one year, UBS says. That's because reduced credit availability could drive consumers to buy-now-pay-later, analyst Lucy Huang says. "However if BNPL transaction fees are treated as 'interest', our analysis suggests Zip's effective 'interest' rate on average transaction size of US$138 would be 24%," UBS says. The bank currently thinks rate caps are unlikely to be implemented. "Assuming rate caps are not implemented, we see fundamentals at Zip continuing to remain strong, presenting an attractive opportunity in the stock," UBS says. Zip is down 1.3% at A$3.04.(david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

January 18, 2026 19:10 ET (00:10 GMT)

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