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RBA Glossary definition for BNPL

BNPL – Buy now, pay later

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Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
The recent emergence of new ways to smooth spending and fund consumer purchases (such as BNPL services) may have also played a role. ... remainder to the BNPL provider in a series of low- or zero-interest instalments.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Reforms to the Payment Systems (Regulation) Act 1998

1 Dec 2023 Submissions PDF 446KB
Submission to Consultation on Exposure Draft Legislation
https://www.rba.gov.au/publications/submissions/payments-system/pdf/reforms-to-the-payment-systems-regulation-nov-2023.pdf

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
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 Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
for small purchases. By contrast, credit cards and buy now, pay later (BNPL) services were valued. ... consumers felt that it was ‘very important’ or ‘important’ for merchants to accept BNPL for large.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Non-technical summary for 'The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey'

20 Nov 2023 RDP PDF 283KB
RDP 2023-08 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-08/rdp-2023-08-non-technical-summary.pdf

Bulletin June Quarter 2023

29 Sep 2023 Bulletin - June 2023 PDF 7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf

Consumer Payment Behaviour in Australia

15 Jun 2023 Bulletin – June 2023
Thuong Nguyen and Benjamin Watson
The results of the Reserve Bank’s 2022 Consumer Payments Survey show that consumers continue to shift from using cash to electronic payment methods – a trend that was accelerated by the COVID-19 pandemic and consumers’ preference towards using
https://www.rba.gov.au/publications/bulletin/2023/jun/consumer-payment-behaviour-in-australia.html

Consumer Payment Behaviour in Australia

13 Jun 2023 Bulletin - June 2023 PDF 974KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/consumer-payment-behaviour-in-australia.pdf

Household and Business Finances

21 Nov 2022 FSR - April 2022 PDF 1082KB
https://www.rba.gov.au/publications/fsr/2022/apr/pdf/02-household-business-finances.pdf

Financial Stability Review

18 Nov 2022 FSR - April 2022 PDF 2740KB
https://www.rba.gov.au/publications/fsr/2022/apr/pdf/financial-stability-review-2022-04.pdf