Asia-Pacific · GDP rank #13

Australia

AU · AUD @ 0.7139/USD

Cards dominate by value; instant payments have moved from niche to primary rail in under a decade. The RBA's March 2026 Review confirmed a 1 October 2026 ban on card surcharges and a cut in interchange caps to 0.30% wholesale, alongside a new foreign-card interchange cap from April 2027. Contactless is saturated; PayTo is displacing direct debit; CNP fraud remains the headline security problem.

Tab 02

Consumer payments

How consumers actually pay: the share of cash, the stock and flow of cards, the scheme split at checkout, which mobile wallets matter, and how broadly POS acceptance reaches.

Every figure is authored against a named publisher — click the anywhere to open the source panel with the underlying URL and access date.

Cash share of POS volume

13%

% · 2022

Debit card share

44%

% · 2022

Credit card share

23%

% · 2022

Mobile wallet share

39% +9pp vs 2022

% · 2024

Payment mix

At the point of sale

The shares below are POS volume (count of transactions), which reads differently from POS value. For the value-share read, see the card-economy grid underneath.

13%Cash

Share of POS

  • Cash13%
  • Credit card23%
  • Debit card44%
  • Instant / A2A9%
  • Mobile wallet39%
  • BNPL10%
  • Other1%

Cash behaviour

ATM network
23,400
Avg. ATM withdrawal
A$280
Cash share · value
4%
Cash share · volume
13%

Source · APCA / AusPayNet

Scheme share

Which networks clear the card volume

Scheme share is the split of general-purpose card purchase volume — not issuance, not count of cards. A high domestic share (e.g. UnionPay, RuPay, ELO) means a large share of card flow never touches a global scheme.

Domestic debit scheme, consolidated under AP+ umbrella since 2022.

Share of card volume

  • Visa48%
  • Mastercard34%
  • Amex3%
  • Other1%
  • Domestic Scheme14%

Debit card transactions

9.8B +5% vs FY2023

transactions/year · FY2024

Debit card spend

A$602B

AUD annual · FY2024

Credit card transactions

3.6B

transactions/year · FY2024

Credit card spend

A$385B

AUD annual · FY2024

Average debit ticket size

A$61

AUD · FY2024

Average credit ticket size

A$107

AUD · FY2024

Mobile wallets

Where wallets actually land

User counts are the best single scalar for wallet reach, but they understate usage intensity in markets where one super-app carries multi-digit trillions of renminbi or rupees. For flow, see the rails tab.

Active users

  • Apple Pay11.5M

    2024

  • Google Pay4.2M

    2024

  • Samsung Pay1.1M

    2024

  • Beem (bank-owned)2.3M

    2024

Notable wallets

Apple Pay

Leads Android wallets by ~2x in Australia despite ~55% Android share; iOS user concentration in higher-spend demographics.

Roy Morgan

Google Pay

Roy Morgan

Samsung Pay

Roy Morgan

Beem (bank-owned)

NPP-rail P2P app; usage trails Osko direct from bank apps.

Beem / CBA ANZ NAB Westpac joint venture

Full reference