diff --git a/.changeset/tender-colts-greet.md b/.changeset/tender-colts-greet.md
index 77c1a8f1b5..ff59bf0bea 100644
--- a/.changeset/tender-colts-greet.md
+++ b/.changeset/tender-colts-greet.md
@@ -2,4 +2,4 @@
 '@backstage/plugin-catalog-backend-module-openapi': patch
 ---
 
-Enabled support of resolving `$refs` in all kind of yaml documents, not only OpenAPI. This implicitly adds `$ref` resolving support for AsyncAPI specs. Thus, the `openApiPlaceholderResolver` has been renamed to `refPlaceholderResolver`.
+Enabled support of resolving `$refs` in all kind of yaml documents, not only OpenAPI. This implicitly adds `$ref` resolving support for AsyncAPI specs. Thus, the `openApiPlaceholderResolver` has been renamed to `jsonSchemaRefPlaceholderResolver`.
diff --git a/plugins/catalog-backend-module-openapi/README.md b/plugins/catalog-backend-module-openapi/README.md
index 44e0307ac7..6b988e15f5 100644
--- a/plugins/catalog-backend-module-openapi/README.md
+++ b/plugins/catalog-backend-module-openapi/README.md
@@ -17,13 +17,13 @@ yarn add --cwd packages/backend @backstage/plugin-catalog-backend-module-openapi
 
 ### Adding the plugin to your `packages/backend`
 
-#### **refPlaceholderResolver**
+#### **jsonSchemaRefPlaceholderResolver**
 
-The placeholder resolver can be added by importing `refPlaceholderResolver` in `src/plugins/catalog.ts` in your `backend` package and adding the following.
+The placeholder resolver can be added by importing `jsonSchemaRefPlaceholderResolver` in `src/plugins/catalog.ts` in your `backend` package and adding the following.
 
 ```ts
-builder.setPlaceholderResolver('openapi', refPlaceholderResolver);
-builder.setPlaceholderResolver('asyncapi', refPlaceholderResolver);
+builder.setPlaceholderResolver('openapi', jsonSchemaRefPlaceholderResolver);
+builder.setPlaceholderResolver('asyncapi', jsonSchemaRefPlaceholderResolver);
 ```
 
 This allows you to use the `$openapi` placeholder when referencing your OpenAPI specification and `$asyncapi` when referencing your AsyncAPI specifications. This will then resolve all `$ref` instances in your specification.
diff --git a/plugins/catalog-backend-module-openapi/api-report.md b/plugins/catalog-backend-module-openapi/api-report.md
index 9dbc899dde..7294fd5936 100644
--- a/plugins/catalog-backend-module-openapi/api-report.md
+++ b/plugins/catalog-backend-module-openapi/api-report.md
@@ -14,7 +14,7 @@ import { ScmIntegrations } from '@backstage/integration';
 import { UrlReader } from '@backstage/backend-common';
 
 // @public @deprecated (undocumented)
-export const openApiPlaceholderResolver: typeof refPlaceholderResolver;
+export const openApiPlaceholderResolver: typeof jsonSchemaRefPlaceholderResolver;
 
 // @public @deprecated (undocumented)
 export class OpenApiRefProcessor implements CatalogProcessor {
@@ -38,7 +38,7 @@ export class OpenApiRefProcessor implements CatalogProcessor {
 }
 
 // @public (undocumented)
-export function refPlaceholderResolver(
+export function jsonSchemaRefPlaceholderResolver(
   params: PlaceholderResolverParams,
 ): Promise<JsonValue>;
 
diff --git a/plugins/catalog-backend-module-openapi/src/index.ts b/plugins/catalog-backend-module-openapi/src/index.ts
index 57f3d8806f..170c925a7f 100644
--- a/plugins/catalog-backend-module-openapi/src/index.ts
+++ b/plugins/catalog-backend-module-openapi/src/index.ts
@@ -13,12 +13,12 @@
  * See the License for the specific language governing permissions and
  * limitations under the License.
  */
-import { refPlaceholderResolver } from './refPlaceholderResolver';
+import { jsonSchemaRefPlaceholderResolver } from './jsonSchemaRefPlaceholderResolver';
 
 export { OpenApiRefProcessor } from './OpenApiRefProcessor';
-export { refPlaceholderResolver } from './refPlaceholderResolver';
+export { jsonSchemaRefPlaceholderResolver } from './jsonSchemaRefPlaceholderResolver';
 /**
  * @public
- * @deprecated replaced by refPlaceholderResolver
+ * @deprecated replaced by jsonSchemaRefPlaceholderResolver
  */
-export const openApiPlaceholderResolver = refPlaceholderResolver;
+export const openApiPlaceholderResolver = jsonSchemaRefPlaceholderResolver;
diff --git a/plugins/catalog-backend-module-openapi/src/refPlaceholderResolver.test.ts b/plugins/catalog-backend-module-openapi/src/jsonSchemaRefPlaceholderResolver.test.ts
similarity index 86%
rename from plugins/catalog-backend-module-openapi/src/refPlaceholderResolver.test.ts
rename to plugins/catalog-backend-module-openapi/src/jsonSchemaRefPlaceholderResolver.test.ts
index 9ecf0a2995..6aecc9b468 100644
--- a/plugins/catalog-backend-module-openapi/src/refPlaceholderResolver.test.ts
+++ b/plugins/catalog-backend-module-openapi/src/jsonSchemaRefPlaceholderResolver.test.ts
@@ -14,7 +14,7 @@
  * limitations under the License.
  */
 import { PlaceholderResolverParams } from '@backstage/plugin-catalog-backend';
-import { refPlaceholderResolver } from './refPlaceholderResolver';
+import { jsonSchemaRefPlaceholderResolver } from './jsonSchemaRefPlaceholderResolver';
 import { bundleFileWithRefs } from './lib';
 
 jest.mock('./lib', () => ({
@@ -23,7 +23,7 @@ jest.mock('./lib', () => ({
 
 const bundled = '<bundled-specification>';
 
-describe('refPlaceholderResolver', () => {
+describe('jsonSchemaRefPlaceholderResolver', () => {
   const mockResolveUrl = jest.fn();
   mockResolveUrl.mockReturnValue('mockUrl');
 
@@ -50,13 +50,13 @@ describe('refPlaceholderResolver', () => {
   it('should throw error if unable to bundle the OpenAPI specification', async () => {
     (bundleFileWithRefs as any).mockRejectedValue(new Error('TEST'));
 
-    await expect(refPlaceholderResolver(params)).rejects.toThrow(
+    await expect(jsonSchemaRefPlaceholderResolver(params)).rejects.toThrow(
       'Placeholder $openapi unable to bundle OpenAPI specification',
     );
   });
 
   it('should bundle the OpenAPI specification', async () => {
-    const result = await refPlaceholderResolver(params);
+    const result = await jsonSchemaRefPlaceholderResolver(params);
 
     expect(result).toEqual(bundled);
   });
diff --git a/plugins/catalog-backend-module-openapi/src/refPlaceholderResolver.ts b/plugins/catalog-backend-module-openapi/src/jsonSchemaRefPlaceholderResolver.ts
similarity index 94%
rename from plugins/catalog-backend-module-openapi/src/refPlaceholderResolver.ts
rename to plugins/catalog-backend-module-openapi/src/jsonSchemaRefPlaceholderResolver.ts
index 39c2e639ab..befafbde8a 100644
--- a/plugins/catalog-backend-module-openapi/src/refPlaceholderResolver.ts
+++ b/plugins/catalog-backend-module-openapi/src/jsonSchemaRefPlaceholderResolver.ts
@@ -19,7 +19,7 @@ import { processingResult } from '@backstage/plugin-catalog-node';
 import { bundleFileWithRefs } from './lib';
 
 /** @public */
-export async function refPlaceholderResolver(
+export async function jsonSchemaRefPlaceholderResolver(
   params: PlaceholderResolverParams,
 ): Promise<JsonValue> {
   const { content, url } = await readTextLocation(params);
@@ -35,7 +35,7 @@ export async function refPlaceholderResolver(
     );
   } catch (error) {
     throw new Error(
-      `Placeholder \$${params.key} unable to bundle OpenAPI specification at ${params.value}, ${error}`,
+      `Placeholder \$${params.key} unable to bundle the file at ${params.value}, ${error}`,
     );
   }
 }