Australia Cards and Payments: Opportunities and Risks to 2030

The ‘Australia Cards and Payments: Opportunities and Risks to 2030' report provides detailed analysis of market trends in Australia cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfer, cash, direct debits and cheques.h during the review-period (2022-26e).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2026e-30f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together the analyst’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

The ‘Australia Cards and Payments: Opportunities and Risks to 2030' report provides top-level market analysis, information and insights into Australia cards and payments industry, including:

• Current and forecast values for each market in Australia cards and payments industry, including debit, credit and charge cards.
• Detailed insights into payment instruments including cards, credit transfer, cash, direct debits and cheques. It also, includes an overview of the country's key alternative payment instruments.
• Ecommerce market analysis.
• Analysis of various market drivers and regulations governing Australia cards and payments industry.
• Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
• Comprehensive analysis of consumer attitudes and buying preferences for cards.
• The competitive landscape of Australia cards and payments industry.

Key Highlights

• Contactless payments are increasingly being integrated across the public transport system. In December 2025, Western Australia launched tap and go payments across public transport, enabling fares to be paid by tapping contactless bank cards or mobile wallets on validators. The system calculates and charges the applicable fare through the card payment network rather than requiring a dedicated transit card for each trip. By integrating with existing payment rails, it aims to simplify onboarding for occasional users and reduce the need for cash or ticket purchases at stations. Earlier, in September 2025, public transport service Orange Buslines, in collaboration with Transport for NSW, launched a contactless payment option on Orange Buslines’ regular-route services buses. The system allows passengers to pay fares by tapping a contactless-enabled debit or credit card or a compatible mobile wallet on the onboard reader when boarding.
• The payment acceptance infrastructure in Australia is poised for further expansion. Payment companies are launching cost-effective solutions to encourage merchant adoption. In July 2025, Square launched its Square Handheld payment solution, which is designed to accept both chip and PIN, as well as contactless payments. Likewise, in August 2024, the Australian fintech company Zeller introduced Zeller Terminal 2, an all-in-one payment acceptance solution that accepts chip cards, contactless cards, and mobile wallets.
• Australia has a well-developed instant payments infrastructure. The NPP offers an addressing service, PayID, allowing customers to link personal identifiers, such as a mobile number or email address, to their bank account. In this context, in July 2025, National Australia Bank (NAB) partnered with real-time solutions provider Azupay to launch PayID Receivables in Australia. The service enables businesses to manage incoming payments using unique customer-specific PayIDs linked to the simple personal identifiers. Customers can initiate payments via digital banking channels, with settlement occurring in real time.

Report Scope

• Card market size in terms of number of cards, value and volume of transactions in Australia along with detailed card segmentation of debit, credit and charge cards available in the country.
• Market sizing and analysis of major payment instruments including cards, credit transfer, cash, direct debits and cheques.
• Payment market trends and growth for both historical and forecast period
• Competitor analysis with detailed insights into leading card issuers and schemes.
• Comprehensive analysis of consumer attitudes and buying preferences for cards.
• A detailed snapshot of country's key alternative payment brands.

Reasons to Buy

• Make strategic business decisions, using top-level historic and forecast market data, related to Australia cards and payments industry and each market within it.
• Understand the key market trends and growth opportunities in Australia cards and payments industry.
• Assess the competitive dynamics in Australia cards and payments industry.
• Gain insights into marketing strategies used for various card types in Australia.
• Gain insights into key regulations governing the Australia cards and payments industry.