ATM Fees in Indigenous Communities

This report is based on a survey of financial counsellors about their casework experiences with clients who present with buy now pay later debt. Released in December 2021.

In this report, researchers from Curtin University have calculated the actual costs of the most popular BNPL products for smaller purchases of up to $2,000 and compared them with the costs typically incurred with the use of a traditional credit card. This research shows that if you don’t pay on time, the charges and fees on small amounts of BNPL purchases can be just as expensive or more expensive than credit cards. The addendum to the report was uploaded in February 2024 to clarify some of the figures in the initial 2022 report. This was done in response to interactions between Curtin University and Humm.