Retail Payments May 2023

Release date:

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

Value of Retail Payments
  Value
($ billion)		 Growth
(Per cent)
    Monthly Year-ended
  May 2023 Apr 2023 May 2023 May 2022 May 2023
ATM withdrawals 8.7 −0.1 0.0 −0.5 −1.1
Total card purchases on Australian-issued cards 80.7 1.4 0.6 15.3 8.9
of which: Credit and charge cards 33.5 3.2 −1.6 12.0 7.4
of which: Debit cards 47.2 0.1 2.2 17.8 10.1
Total balances outstanding on credit and charge cards 40.1 0.5 0.4 −1.8 6.2
of which: Balances accruing interest 18.1 −0.2 −1.2 −12.0 2.4
New Payments Platform transactions 136.7 −0.8 5.1 35.1 31.5
Cheque payments 21.4 −5.6 0.1 −17.0 −20.9
Source: RBA
Number of Retail Payments
  Number
(Million)		 Growth
(Per cent)
    Monthly Year-ended
  May 2023 Apr 2023 May 2023 May 2022 May 2023
ATM withdrawals 29.4 −0.8 0.0 −7.9 −4.3
Total card purchases on Australian-issued cards 1213.8 −0.6 0.2 6.9 6.6
of which: Credit and charge cards 296.4 0.2 −1.0 1.3 4.0
of which: Debit cards 917.4 −0.8 0.6 8.9 7.4
Cards on issue 62.6 0.3 0.3 2.0 4.0
of which: Credit and charge cards 17.6 −0.1 0.1 −2.5 0.8
of which: Debit cards 44.9 0.4 0.4 4.0 5.3
New Payments Platform transactions 116.1 1.8 2.6 25.2 21.2
Cheque payments 1.9 2.6 −3.3 −21.1 −14.8
Source: RBA
Total Average Merchant Fees for Debit, Credit and Charge Cards
March quarter 2023
  Domestic cards -
device present
(Per cent)		 Domestic cards -
device not present
(Per cent)		 International cards
(Per cent)		 Total
(Per cent)
Debit
eftpos 0.29 – – 0.36
Mastercard 0.52 0.52 – 0.54
Visa 0.47 0.49 – 0.52
Credit
American Express 1.36 1.31 1.68 1.35
Diners Club 2.01 1.63 2.04 1.72
Mastercard 0.84 0.82 2.19 0.90
Visa 0.83 0.78 2.38 0.91
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.