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
(in trillion Australian dollars)
Characteristic
Direct debits
Direct credits
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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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Australian Payments Network. (October 22, 2018). Value of direct entry payments made across Australia from financial years 2014 to 2018, by type (in trillion Australian dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/940580/australia-value-of-direct-entry-payments-by-type/
Australian Payments Network. "Value of direct entry payments made across Australia from financial years 2014 to 2018, by type (in trillion Australian dollars)." Chart. October 22, 2018. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/940580/australia-value-of-direct-entry-payments-by-type/
Australian Payments Network. (2018). Value of direct entry payments made across Australia from financial years 2014 to 2018, by type (in trillion Australian dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/940580/australia-value-of-direct-entry-payments-by-type/
Australian Payments Network. "Value of Direct Entry Payments Made across Australia from Financial Years 2014 to 2018, by Type (in Trillion Australian Dollars)." Statista, Statista Inc., 22 Oct 2018, https://www.statista.com/statistics/940580/australia-value-of-direct-entry-payments-by-type/
Australian Payments Network, Value of direct entry payments made across Australia from financial years 2014 to 2018, by type (in trillion Australian dollars) Statista, https://www.statista.com/statistics/940580/australia-value-of-direct-entry-payments-by-type/ (last visited September 01, 2024)
Value of direct entry payments made across Australia from financial years 2014 to 2018, by type (in trillion Australian dollars) [Graph], Australian Payments Network, October 22, 2018. [Online]. Available: https://www.statista.com/statistics/940580/australia-value-of-direct-entry-payments-by-type/