Retail Payments May 2022

Release date:

The tables below present a summary of the latest retail payments statistics.

Value of Retail Payments
Value
($ billion)		 Growth
(Per cent)
Monthly Year-ended
May 2022 Apr 2022 May 2022 May 2021 May 2022
ATM withdrawals 8.8 1.3 −0.6 17.9 −0.2
Total card purchases on Australian-issued cards 73.5 3.6 2.8 23.8 15.0
of which: Credit and charge cards 30.6 7.0 0.0 27.7 11.9
of which: Debit cards 42.9 1.3 4.8 21.1 17.2
Total balances outstanding on credit and charge cards 37.1 0.3 0.8 −4.6 −2.1
of which: Balances accruing interest 17.5 −0.9 −1.6 −18.2 −12.2
New Payments Platform transactions 104.0 −2.1 4.4 85.3 34.8
Cheque payments 26.8 2.2 −1.6 13.5 −17.3

Source: RBA

Number of Retail Payments
Number
(Million)		 Growth
(Per cent)
Monthly Year-ended
May 2022 Apr 2022 May 2022 May 2021 May 2022
ATM withdrawals 30.7 1.4 −1.0 32.6 −8.3
Total card purchases on Australian-issued cards 1121.7 −0.5 3.6 30.2 6.2
of which: Credit and charge cards 279.4 2.6 0.0 31.3 1.4
of which: Debit cards 842.3 −1.6 4.8 29.8 7.9
Cards on issue 60.2 0.1 0.1 0.2 2.1
of which: Credit and charge cards 17.5 −0.1 0.0 −5.8 −2.5
of which: Debit cards 42.7 0.2 0.1 3.1 4.0
New Payments Platform transactions 98.0 0.6 3.8 85.3 26.3
Cheque payments 2.2 −0.3 −0.6 −13.5 −22.0

Source: RBA

All levels and growth rates are seasonally adjusted, except for those relating to the New Payments Platform and cards on issue. The data are not adjusted for the effects of breaks in the series. Historical levels and growth rates for the retail payments statistics may be revised due to the resubmission of data by some reporting institutions and the re-estimation of seasonal factors.

For further information about the Retail Payments Statistics collection, including links to relevant statistical tables, refer to Payments Data.