All countries
Payment methods in Australia
Here are the top takeaways you need to know about the Australian e-commerce market:
- In 2022, e-commerce was worth US$43 billion (16% of all retail). By 2027, this will increase to US$71 billion.
- Australians use cards in just 41% of all online transactions and cash in only 1%. The remainder they pay for with a variety of digital payment methods.
- The average Australian online shopper spends US$1,992 with e-commerce merchants every year, set to rise to US$3,051 by 2027.
- Australians use mobile devices in 42% of all their online purchases, up from just 36% as recently as 2020.
- Popular payment methods among Australian online shoppers include PayPal and Zip.
Population
Online Population
B2C E-commerce
Banked Population
Credit Card Population
E-commerce of Total Retail
Payment Method Breakdown
- Card 41%
- Cash 1%
- Bank Transfer 10%
- E-Wallet 31%
- Other 17%
[{"label":"Card","value":"41"},{"label":"Cash","value":"1"},{"label":"Bank Transfer","value":"10"},{"label":"E-Wallet","value":"31"},{"label":"Other","value":"17"}]
Payment Methods in Australia
Card Scheme Breakdown
- Visa 50%
- Mastercard 27%
- American Express 7%
- Local schemes 16%
- Other 0%
[{"label":"Visa","value":"50"},{"label":"Mastercard","value":"27"},{"label":"American Express","value":"7"},{"label":"Local schemes","value":"16"},{"label":"Other","value":"0"}]
Cross-Border E-Commerce
62
Online shoppers who have shopped cross-border
29
Cross-border proportion of total e-commerce
12 bn
$US
Value of cross-border e-commerce
Top cross-border shopping origin markets