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RBA Glossary definition for BNPL

BNPL – Buy now, pay later

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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

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

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

Payments System Regulation and Policy Issues

27 Sep 2023 PSB Annual Report – September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
past few years and there has been a significant expansion in the market for BNPL services. ... To better understand these developments, the Bank initiated a new data collection from large BNPL providers last year.
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

Abbreviations

28 Sep 2022 PSB Annual Report – 2022
BETF. Black Economy Taskforce. BNPL. Buy now, pay later. CAC Act.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html

Governor's Foreword

21 Oct 2021 PSB Annual Report – 2021
such as ‘buy now, pay later’ (BNPL) services. ... The review focused particularly on competition in the debit card market, the ability of merchants to choose the lowest-cost payment channel, and the ‘no-surcharge’ rules of BNPL providers.
https://www.rba.gov.au/publications/annual-reports/psb/2021/governors-foreword.html

Governor's Foreword

28 Sep 2022 PSB Annual Report – September 2022
BNPL) providers.
https://www.rba.gov.au/publications/annual-reports/psb/2022/governors-foreword.html

Abbreviations

21 Oct 2021 PSB Annual Report – 2021
BETF. Black Economy Taskforce. BNPL. Buy now, pay later. CAC Act.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.html