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RBA Glossary definition for BNPL

BNPL – Buy now, pay later

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Glossary

9 Jun 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

Developments in the Buy Now, Pay Later Market

18 Mar 2021 Bulletin – March 2021
Chay Fisher, Cara Holland and Tim West
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

Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey

14 Sep 2020 RDP 2020-06
James Caddy, Luc Delaney and Chay Fisher
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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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

Surcharging | Review of Retail Payments Regulation – Conclusions Paper

9 Mar 2023
Review of Retail Payments Regulation – Conclusions Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/conclusions-paper-202110/surcharging.html

How Australians Pay Snapshot

9 Mar 2023
Infographic, based on the 2019 Consumer Payments Survey, summarising Australian consumer payment trends.
https://www.rba.gov.au/snapshots/how-australians-pay-snapshot/

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

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

Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey

9 Sep 2020 RDP PDF 1619KB
Consumer Payment Behaviour in Australia: Evidence from the. 2019 Consumer Payments Survey. James Caddy, Luc Delaney and Chay Fisher. Research Discussion Paper. R DP 2020 - 06. Figures in this publication were generated using Mathematica. ISSN
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-06.pdf