Search: BNPL
RBA Glossary definition for BNPL
BNPL – Buy now, pay later
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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
Other Payment Methods
27 Nov 2023
RDP
2023-08
PayPal, a type of digital wallet, and BNPL had near universal consumer awareness. ... Those aged 65 and over were the least likely to hold a BNPL account.
https://www.rba.gov.au/publications/rdp/2023/2023-08/other-payment-methods.html
Appendix A: Survey Methodology
27 Nov 2023
RDP
2023-08
Key topics included use of and reliance on cash, payment preferences in different environments, awareness and use of new payment methods (such as BNPL services) and perceptions around privacy in payments. ... Transport card. – BNPL service. – Other.
https://www.rba.gov.au/publications/rdp/2023/2023-08/appendix-a.html
Non-technical summary for ‘The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey’
27 Nov 2023
RDP
2023-08
later’ (BNPL); however, payments made using these methods accounted for only a small share of payments.
https://www.rba.gov.au/publications/rdp/2023/2023-08/non-technical-summary.html
Key Trends in Consumer Payments
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/key-trends-in-consumer-payments.html
Card Payments
27 Nov 2023
RDP
2023-08
Where payment cards are used indirectly, such as using a linked card via PayPal or a BNPL service, the payment is captured in data for that payment method rather than as
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html