Retail Payments January 2025

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 2025 Dec 2024 Jan 2025 Jan 2024 Jan 2025
ATM withdrawals 9.0 0.5 −0.8 −0.6 1.0
Total card purchases on Australian-issued cards 89.1 1.0 0.5 7.0 5.2
of which: Credit and charge cards 36.9 0.2 0.7 6.7 5.5
of which: Debit cards 52.2 1.7 0.4 7.3 4.9
Total balances outstanding on credit and charge cards 41.1 −0.6 0.9 3.5 −0.1
of which: Balances accruing interest 19.8 −0.2 0.7 1.1 4.7
New Payments Platform transactions 192.1 4.7 2.7 23.6 29.0
Cheque payments 14.6 −2.7 4.1 −20.3 −18.9

Source: RBA

Number of Retail Payments
Number
(Million)
Growth
(Per cent)
Monthly Year-ended
Jan 2025 Dec 2024 Jan 2025 Jan 2024 Jan 2025
ATM withdrawals 28.7 0.3 −1.3 −3.4 −2.6
Total card purchases on Australian-issued cards 1309.8 1.8 −1.4 5.4 2.9
of which: Credit and charge cards 315.7 0.0 0.1 5.0 2.7
of which: Debit cards 994.0 2.4 −1.9 5.5 3.0
Cards on issue 65.6 0.3 0.2 4.3 1.9
of which: Credit and charge cards 16.7 −0.1 0.2 0.6 −5.4
of which: Debit cards 48.9 0.4 0.2 5.8 4.6
New Payments Platform transactions 150.5 0.6 1.9 20.1 17.7
Cheque payments 1.0 −2.2 −3.2 −26.4 −29.2

Source: RBA

Total Average Merchant Fees for Debit, Credit and Charge Cards
December quarter 2024
  Domestic cards -
device present
(Per cent)
Domestic cards -
device not present
(Per cent)
International cards
(Per cent)
Total
(Per cent)
Debit
eftpos 0.39 - - 0.40
Mastercard 0.54 0.49 - 0.56
Visa 0.49 0.40 - 0.52
Credit
American Express 1.32 1.34 1.71 1.35
Mastercard 0.88 0.82 2.67 0.96
Visa 0.88 0.77 2.77 0.96
Source: RBA

All levels and growth rates are seasonally adjusted, except for those relating to 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.

Total Average Merchant Service Fees data for the December quarter 2024 has been affected by expanded coverage to directly include larger payment facilitators and additional acquirers. Definitions for the data collection have been updated: acquirers now exclude fee income and corresponding transactions processed by payment facilitators. These changes have increased Total Average Merchant Fees for most series for the December quarter 2024 compared to the previous quarter.

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