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RBA Glossary definition for BNPL

BNPL – Buy now, pay later

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PSB Board Annual Report 2019 - Accountability and Communication

14 Oct 2019 Annual Report PDF 353KB
PSB Board Annual Report 2019
https://www.rba.gov.au/publications/annual-reports/psb/2019/pdf/accountability-and-communication.pdf

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
 ‘Buy now, pay later’ (BNPL) services, which enable customers to purchase goods or services but. ... defer payment via low- or zero-interest instalments to the BNPL provider, typically over 1–2.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

A non-profit, volunteer organisation, advocating to advance the interests ...

11 Feb 2020 DOC 93KB
BNPL providers should be subject to the same regulations as other payment systems, including prohibition of bans on merchants surcharging users. ... Surcharging. Q16: Is there a case for policymakers to require that BNPL providers remove any no-surcharge
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/queensland-consumers-association.DOC

1 2020-21 Review of Retail Payments Regulation: Response to ...

28 Feb 2020 PDF 536KB
This will be most important should the RBA allow merchants to surcharge when accepting a BNPL scheme. ... such as PayPal, BNPL schemes, AliPay, Union Pay, and other relevant payments schemes.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/australian-retailers-association.pdf

About the Payments System Board

21 Oct 2021 PSB Annual Report - 2021 PDF 471KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/about-the-payments-system-board.pdf

18 June 2021 Secretariat - Payments System Review 9 ...

9 Jul 2021 PDF 934KB
this new fin tech credit offering. Merchants understand the benefits of BNPL for their. ... In December 2020 COSBOA surveyed some merchants about the impact of BNPL on sales.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/cosboa-2021-07-09.pdf

Jackie Kallman | Head of Payments Industry and Engagement ...

9 Jul 2021 PDF 342KB
 Buy-Now-Pay-Later (BNPL) – With least cost in mind, we note that the current. ... BNPL no-surcharge settings can penalise smaller merchants in industries where. customers demand the ability to fund with the BNPL and the merchant is unable.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation-may-2021/anz-2021-07-09.pdf

Payments System Board Annual Report 2020 - Accountability and Communication

14 Oct 2020 PSB Annual Report 2020 PDF 1056KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/accountability-and-communication.pdf

Suite 403, Level 4, 151 Castlereagh Street, Sydney NSW ...

11 Feb 2020 PDF 153KB
Merchants offering buy now pay later (BNPL) arrangements should not be prevented from surcharging for this relatively expensive payment service. ... ASIC’s November 2018 report11 on the sector said the market for BNPL arrangements was diverse, evolving
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/customer-owned-banking-association.pdf

Payments System Board Annual Report 2020

14 Oct 2020 PSB Annual Report 2020 PDF 7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.pdf