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
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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Australian Payments Network. (October 22, 2018). Annual percentage change in payment methods across Australia in financial year 2018, by type [Graph]. In Statista. Retrieved September 26, 2022, from https://www.statista.com/statistics/940489/australia-annual-change-payment-methods-by-type/
Australian Payments Network. "Annual percentage change in payment methods across Australia in financial year 2018, by type." Chart. October 22, 2018. Statista. Accessed September 26, 2022. https://www.statista.com/statistics/940489/australia-annual-change-payment-methods-by-type/
Australian Payments Network. (2018). Annual percentage change in payment methods across Australia in financial year 2018, by type. Statista. Statista Inc.. Accessed: September 26, 2022. https://www.statista.com/statistics/940489/australia-annual-change-payment-methods-by-type/
Australian Payments Network. "Annual Percentage Change in Payment Methods across Australia in Financial Year 2018, by Type." Statista, Statista Inc., 22 Oct 2018, https://www.statista.com/statistics/940489/australia-annual-change-payment-methods-by-type/
Australian Payments Network, Annual percentage change in payment methods across Australia in financial year 2018, by type Statista, https://www.statista.com/statistics/940489/australia-annual-change-payment-methods-by-type/ (last visited September 26, 2022)
