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Financial Cards and Payments in Australia

December 2022
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USD 2,100
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Overview:

Understand the latest market trends and future growth opportunities for the Financial Cards and Payments industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Financial Cards and Payments industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Financial Cards and Payments in Australia report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Financial Cards and Payments in Australia?
  • What are the major trends key to understanding Financial Cards and Payments in Australia?
  • How has COVID-19, recession and macroeconomic volatility impacted the market?
  • How long will the market take to recover? What are the opportunities now?
  • How will political context and shifting cultural values shape future growth?
  • Where is future growth expected to be most dynamic?
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Financial Cards and Payments in Australia - Industry Overview

Financial cards and payments in 2022: The big picture
2022 key trends
Rising inflation and interest
Competitive landscape
What next for financial cards and payments?
Table 1 Number of POS Terminals: Units 2017-2022
Table 2 Number of ATMs: Units 2017-2022
Table 3 Value Lost to Fraud 2017-2022
Table 4 Card Expenditure by Location 2022
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
Table 6 Domestic versus Foreign Spend 2022
Table 7 Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 8 Financial Cards by Category: Number of Accounts 2017-2022
Table 9 Financial Cards Transactions by Category: Value 2017-2022
Table 10 Financial Cards by Category: Number of Transactions 2017-2022
Table 11 Consumer Payments by Category: Value 2017-2022
Table 12 Consumer Payments by Category: Number of Transactions 2017-2022
Table 13 M-Commerce by Category: Value 2017-2022
Table 14 M-Commerce by Category: % Value Growth 2017-2022
Table 15 Financial Cards: Number of Cards by Issuer 2017-2021
Table 16 Financial Cards: Number of Cards by Operator 2017-2021
Table 17 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
Table 20 Forecast Financial Cards by Category: Number of Accounts 2022-2027
Table 21 Forecast Financial Cards Transactions by Category: Value 2022-2027
Table 22 Forecast Financial Cards by Category: Number of Transactions 2022-2027
Table 23 Forecast Consumer Payments by Category: Value 2022-2027
Table 24 Forecast Consumer Payments by Category: Number of Transactions 2022-2027
Table 25 Forecast M-Commerce by Category: Value 2022-2027
Table 26 Forecast M-Commerce by Category: % Value Growth 2022-2027

DISCLAIMER

Summary 1 Research Sources

Charge Cards in Australia - Category analysis

KEY DATA FINDINGS

Usage of charge cards remains fairly steady
Charge card rewards maintain consumer loyalty
Charge cards as an alternative to Buy Now, Pay Later
Opportunities for further digital innovations
Table 27 Charge Cards: Number of Cards in Circulation 2017-2022
Table 28 Charge Cards Transactions 2017-2022
Table 29 Charge Cards in Circulation: % Growth 2017-2022
Table 30 Charge Cards Transactions: % Growth 2017-2022
Table 31 Commercial Charge Cards: Number of Cards in Circulation 2017-2022
Table 32 Commercial Charge Cards Transactions 2017-2022
Table 33 Commercial Charge Cards in Circulation: % Growth 2017-2022
Table 34 Commercial Charge Cards Transactions: % Growth 2017-2022
Table 35 Personal Charge Cards: Number of Cards in Circulation 2017-2022
Table 36 Personal Charge Cards Transactions 2017-2022
Table 37 Personal Charge Cards in Circulation: % Growth 2017-2022
Table 38 Personal Charge Cards Transactions: % Growth 2017-2022
Table 39 Charge Cards: Number of Cards by Issuer 2017-2021
Table 40 Charge Cards: Number of Cards by Operator 2017-2021
Table 41 Charge Cards Payment Transaction Value by Issuer 2017-2021
Table 42 Charge Cards Payment Transaction Value by Operator 2017-2021
Table 43 Commercial Charge Cards: Number of Cards by Issuer 2017-2021
Table 44 Commercial Charge Cards: Number of Cards by Operator 2017-2021
Table 45 Commercial Charge Cards Payment Transaction Value by Issuer 2017-2021
Table 46 Commercial Charge Cards Payment Transaction Value by Operator 2017-2021
Table 47 Personal Charge Cards: Number of Cards by Issuer 2017-2021
Table 48 Personal Charge Cards: Number of Cards by Operator 2017-2021
Table 49 Personal Charge Cards Transaction Value by Issuer 2017-2021
Table 50 Personal Charge Cards Transaction Value by Operator 2017-2021
Table 51 Forecast Charge Cards: Number of Cards in Circulation 2022-2027
Table 52 Forecast Charge Cards Transactions 2022-2027
Table 53 Forecast Charge Cards in Circulation: % Growth 2022-2027
Table 54 Forecast Charge Cards Transactions: % Growth 2022-2027
Table 55 Forecast Commercial Charge Cards: Number of Cards in Circulation 2022-2027
Table 56 Forecast Commercial Charge Cards Transactions 2022-2027
Table 57 Forecast Commercial Charge Cards in Circulation: % Growth 2022-2027
Table 58 Forecast Commercial Charge Cards Transactions: % Growth 2022-2027
Table 59 Forecast Personal Charge Cards: Number of Cards in Circulation 2022-2027
Table 60 Forecast Personal Charge Cards Transactions 2022-2027
Table 61 Forecast Personal Charge Cards in Circulation: % Growth 2022-2027
Table 62 Forecast Personal Charge Cards Transactions: % Growth 2022-2027

Credit Cards in Australia - Category analysis

KEY DATA FINDINGS

Credit card usage declines in Australia
Westpac enters the interest-free credit card space
Rewards points remain attractive to consumers
ANZ announces takeover of Suncorp’s banking segment
RBA plans to hike rates concerning for holders of credit cards
Fewer personal credit cards in circulation expected over forecast period
Table 63 Credit Cards: Number of Cards in Circulation 2017-2022
Table 64 Credit Cards Transactions 2017-2022
Table 65 Credit Cards in Circulation: % Growth 2017-2022
Table 66 Credit Cards Transactions: % Growth 2017-2022
Table 67 Commercial Credit Cards: Number of Cards in Circulation 2017-2022
Table 68 Commercial Credit Cards Transactions 2017-2022
Table 69 Commercial Credit Cards in Circulation: % Growth 2017-2022
Table 70 Commercial Credit Cards Transactions: % Growth 2017-2022
Table 71 Personal Credit Cards: Number of Cards in Circulation 2017-2022
Table 72 Personal Credit Cards Transactions 2017-2022
Table 73 Personal Credit Cards in Circulation: % Growth 2017-2022
Table 74 Personal Credit Cards Transactions: % Growth 2017-2022
Table 75 Credit Cards: Number of Cards by Issuer 2017-2021
Table 76 Credit Cards: Number of Cards by Operator 2017-2021
Table 77 Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 78 Credit Cards Payment Transaction Value by Operator 2017-2021
Table 79 Commercial Credit Cards: Number of Cards by Issuer 2017-2021
Table 80 Commercial Credit Cards: Number of Cards by Operator 2017-2021
Table 81 Commercial Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 82 Commercial Credit Cards Payment Transaction Value by Operator 2017-2021
Table 83 Personal Credit Cards: Number of Cards by Issuer 2017-2021
Table 84 Personal Credit Cards: Number of Cards by Operator 2017-2021
Table 85 Personal Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 86 Personal Credit Cards Payment Transaction Value by Operator 2017-2021
Table 87 Forecast Credit Cards: Number of Cards in Circulation 2022-2027
Table 88 Forecast Credit Cards Transactions 2022-2027
Table 89 Forecast Credit Cards in Circulation: % Growth 2022-2027
Table 90 Forecast Credit Cards Transactions: % Growth 2022-2027
Table 91 Forecast Commercial Credit Cards: Number of Cards in Circulation 2022-2027
Table 92 Forecast Commercial Credit Cards Transactions 2022-2027
Table 93 Forecast Commercial Credit Cards in Circulation: % Growth 2022-2027
Table 94 Forecast Commercial Credit Cards Transactions: % Growth 2022-2027
Table 95 Forecast Personal Credit Cards: Number of Cards in Circulation 2022-2027
Table 96 Forecast Personal Credit Cards Transactions 2022-2027
Table 97 Forecast Personal Credit Cards in Circulation: % Growth 2022-2027
Table 98 Forecast Personal Credit Cards Transactions: % Growth 2022-2027

Debit Cards in Australia - Category analysis

KEY DATA FINDINGS

Online card fraud a persistent problem for Australians
Debit transactions outpace credit post-pandemic
The push for least cost routing (LCR)
Positive growth expected for debit card transactions
Increasing competition from digital banks
Crypto cards present unique opportunity for banks
Table 99 Debit Cards: Number of Cards in Circulation 2017-2022
Table 100 Debit Cards Transactions 2017-2022
Table 101 Debit Cards in Circulation: % Growth 2017-2022
Table 102 Debit Cards Transactions: % Growth 2017-2022
Table 103 Debit Cards: Number of Cards by Issuer 2017-2021
Table 104 Debit Cards: Number of Cards by Operator 2017-2021
Table 105 Debit Cards Payment Transaction Value by Issuer 2017-2021
Table 106 Debit Cards Payment Transaction Value by Operator 2017-2021
Table 107 Forecast Debit Cards: Number of Cards in Circulation 2022-2027
Table 108 Forecast Debit Cards Transactions 2022-2027
Table 109 Forecast Debit Cards in Circulation: % Growth 2022-2027
Table 110 Forecast Debit Cards Transactions: % Growth 2022-2027

Pre-Paid Cards in Australia - Category analysis

KEY DATA FINDINGS

Public transport price hikes
Open loop gift cards grow in popularity
Card payments for public transport on the rise
Pre-paid gift cards expected to maintain popularity
Table 111 Pre-paid Cards: Number of Cards in Circulation 2017-2022
Table 112 Pre-paid Cards Transactions 2017-2022
Table 113 Pre-paid Cards in Circulation: % Growth 2017-2022
Table 114 Pre-paid Cards Transactions: % Growth 2017-2022
Table 115 Closed Loop Pre-paid Cards Transactions 2017-2022
Table 116 Closed Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 117 Open Loop Pre-paid Cards Transactions 2017-2022
Table 118 Open Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 119 Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 120 Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 121 Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 122 Pre-paid Cards Transaction Value by Operator 2017-2021
Table 123 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 124 Closed Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 125 Closed Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 126 Closed Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 127 Open Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 128 Open Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 129 Open Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 130 Open Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 131 Forecast Pre-paid Cards: Number of Cards in Circulation 2022-2027
Table 132 Forecast Pre-paid Cards Transactions 2022-2027
Table 133 Forecast Pre-paid Cards in Circulation: % Growth 2022-2027
Table 134 Forecast Pre-paid Cards Transactions: % Growth 2022-2027
Table 135 Forecast Closed Loop Pre-paid Cards Transactions 2022-2027
Table 136 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2022-2027
Table 137 Forecast Open Loop Pre-paid Cards Transactions 2022-2027
Table 138 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2022-2027

Store Cards in Australia - Category analysis

KEY DATA FINDINGS

Consumers favour other payment methods
Brands discontinue store cards
Future of store cards at risk
Potential to attract new customers
Table 139 Store Cards: Number of Cards in Circulation 2017-2022
Table 140 Store Cards Transactions 2017-2022
Table 141 Store Cards in Circulation: % Growth 2017-2022
Table 142 Store Cards Transactions: % Growth 2017-2022
Table 143 Store Cards: Number of Cards by Issuer 2017-2021
Table 144 Store Cards: Payment Transaction Value by Issuer 2017-2021
Table 145 Forecast Store Cards: Number of Cards in Circulation 2022-2027
Table 146 Forecast Store Cards Transactions 2022-2027
Table 147 Forecast Store Cards in Circulation: % Growth 2022-2027
Table 148 Forecast Store Cards Transactions: % Growth 2022-2027
The following categories and subcategories are included:

Financial Cards and Payments

    • ATM Cards
      • Commercial Charge Cards
      • Personal Charge Cards
      • Commercial Credit Cards
      • Personal Credit Cards
      • Commercial Debit Cards
      • Personal Debit Cards
      • Closed Loop Pre-Paid Cards
      • Open Loop Pre-Paid Cards
    • Store Cards
      • Commercial Card Payment Transactions
      • Commercial Electronic Direct/ACH Transactions
      • Commercial Paper Payment Transactions
      • Personal Card Payment Transactions
      • Personal Electronic Direct/ACH Transactions
      • Personal Paper Payment Transactions
        • Commercial Electronic Direct/ACH Transactions
        • Personal Electronic Direct/ACH Transactions
          • Commercial Cash Transactions
          • Commercial Other Paper Transactions
          • Personal Cash Transactions
          • Personal Other Paper Transactions
      • Mobile M-Commerce Proximity
      • Mobile M-Commerce Remote
    • Tablet M-Commerce
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This report originates from Passport, our Financial Cards and Payments research and analysis database.

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