Retail Payments January 2023

Release date: 7 March 2023

The tables below present a summary of the latest retail payments statistics.

Value of Retail Payments
	Value ($ billion)	Growth (Per cent)
		Monthly		Year-ended
	Jan 2023	Dec 2022	Jan 2023	Jan 2022	Jan 2023
ATM withdrawals	8.8	1.5	1.5	−6.9	5.7
Total card purchases on Australian-issued cards	79.4	−4.1	5.7	10.8	17.6
of which: Credit and charge cards	33.0	−2.1	2.6	7.7	17.2
of which: Debit cards	46.4	−5.6	8.0	13.2	17.8
Total balances outstanding on credit and charge cards	39.6	−0.6	−0.2	−5.1	8.7
of which: Balances accruing interest	18.1	−0.5	−1.5	−12.5	0.3
New Payments Platform transactions	116.6	2.8	−1.5	58.1	15.7
Cheque payments	23.6	−2.6	−0.7	−11.6	−17.0
Source: RBA

Number of Retail Payments
	Jan 2023	Dec 2022	Jan 2023	Jan 2022	Jan 2023
	Number (Million)	Growth (Per cent)
		Monthly		Year-ended
ATM withdrawals	30.4	4.4	−0.1	−16.0	5.6
Total card purchases on Australian-issued cards	1211.2	−3.2	6.2	4.8	15.2
of which: Credit and charge cards	292.7	−0.2	1.7	1.0	11.2
of which: Debit cards	918.5	−4.2	7.8	6.1	16.5
Cards on issue	61.7	0.1	0.4	1.6	3.1
of which: Credit and charge cards	17.5	0.0	0.0	−3.7	−0.3
of which: Debit cards	44.1	0.1	0.6	4.0	4.5
New Payments Platform transactions	104.1	4.2	0.4	32.3	20.4
Cheque payments	2.0	−1.1	−1.9	−23.8	−15.3
Source: RBA

All levels and growth rates are seasonally adjusted, except for those relating to the New Payments Platform and cards on issue. The data are not adjusted for the effects of breaks in the series. Historical levels and growth rates for the retail payments statistics may be revised due to the resubmission of data by some reporting institutions and the re-estimation of seasonal factors.

For further information about the Retail Payments Statistics collection, including links to relevant statistical tables, refer to Payments Data.