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Value of direct entry payments in Australia FY 2014-2018 by type

This statistic depicts the value of direct entry payments made across Australia from financial years 2014 to 2018, by type. During the 2018 financial year, the value of direct credit payments made in Australia amounted to around 9.1 trillion Australian dollars.

Value of direct entry payments made across Australia from financial years 2014 to 2018, by type

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Sources

Release date

October 2018

Region

Australia

Survey time period

FY 2014 to 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

Note: 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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