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Change in payment methods in Australia 2018 by type

This statistic depicts the annual percentage change in payment methods across Australia in financial year 2018, by type. During this financial year, the use of checks as a payment method in Australia decreased by around 20 percent compared to the previous financial year.

Annual percentage change in payment methods across Australia in financial year 2018, by type

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Sources

Release date

October 2018

Region

Australia

Survey time period

FY 2018

Special properties

Australia's financial years run from July to June of the following year. For example, FY 2018 starts on July 1, 2017 and ends on June 30, 2018.

Supplementary notes

*Direct entry is a payments system for direct debits and direct credits. Direct entry payments refer to a system commonly used by businesses to make recurring, automated payments to and from everyday transaction accounts. These include salary and welfare payments (direct credits), insurance premiums and utility bills (direct debits), and internet (Pay Anyone) banking services.

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