Search: BNPL
RBA Glossary definition for BNPL
BNPL – Buy now, pay later
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Developments in the Buy Now, Pay Later Market
18 Mar 2021
Bulletin
– March 2021
The buy now, pay later (BNPL) sector is growing rapidly and new providers and business models are emerging.
https://www.rba.gov.au/publications/bulletin/2021/mar/developments-in-the-buy-now-pay-later-market.html
Household and Business Finances
8 Apr 2022
FSR
– April 2022
BNPL services are generally a form of short-term financing that allow consumers to pay for goods and services in instalments. ... around 15 times larger than BNPL transactions in the December quarter of 2021. …
https://www.rba.gov.au/publications/fsr/2022/apr/household-business-finances.html
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
27 Nov 2023
RDP
2023-08
By contrast, credit cards and buy now, pay later (BNPL) services were valued more by consumers for large purchases than small purchases. ... This result is consistent with BNPL payments making up just 0.7 per cent of the number of payments in 2022.
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
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The Evolving Retail Payments Landscape
27 Sep 2023
PSB Annual Report
– September 2023
The Evolving Retail Payments Landscape | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/the-evolving-retail-payments-landscape.html
Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
14 Sep 2020
RDP
2020-06
Buy now, pay later (BNPL) services were identified as a distinct ‘payment method’ for the first time in the latest CPS (BNPL is discussed further in Section 8). ... The share was higher for certain merchants, with BNPL accounting for 10 per cent of
https://www.rba.gov.au/publications/rdp/2020/2020-06/full.html
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2021
13 Jul 2022
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2021/
The Evolving Retail Payments Landscape
28 Sep 2022
PSB Annual Report
– September 2022
Another prominent development in consumer payments in recent years has been the strong growth in purchases made using buy now, pay later (BNPL) services. ... Based on data collected by the Bank from a sample of BNPL providers, BNPL transactions have
https://www.rba.gov.au/publications/annual-reports/psb/2022/the-evolving-retail-payments-landscape.html
March | 2021
18 Mar 2021
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2021/mar/
Abbreviations
27 Sep 2023
PSB Annual Report
– 2023
BNPL. Buy now, pay later. CBDC. Central bank digital currency. CBL.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html
The Evolving Payments Landscape
21 Oct 2021
PSB Annual Report
– 2021
The customer receives their purchase immediately and the merchant is paid upfront by the BNPL provider. ... BNPL accounts for a relatively small, though growing, share of payments in the Australian economy.
https://www.rba.gov.au/publications/annual-reports/psb/2021/the-evolving-payments-landscape.html