Retail Payments October 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
Oct 2022 Sep 2022 Oct 2022 Oct 2021 Oct 2022
ATM withdrawals 9.0 1.1 1.3 −6.6 8.1
Total card purchases on Australian-issued cards 78.2 0.6 1.5 10.3 23.2
of which: Credit and charge cards 33.2 0.8 2.5 7.7 25.1
of which: Debit cards 45.0 0.5 0.8 12.2 21.8
Total balances outstanding on credit and charge cards 39.2 0.4 0.9 −5.2 9.6
of which: Balances accruing interest 18.2 1.2 0.4 −13.1 −1.4
New Payments Platform transactions 111.9 −0.8 1.0 83.8 19.1
Cheque payments 26.8 −5.2 1.3 −5.0 −7.8

Source: RBA

Number of Retail Payments
Number
(Million)		 Growth
(Per cent)
Monthly Year-ended
Oct 2022 Sep 2022 Oct 2022 Oct 2021 Oct 2022
ATM withdrawals 30.8 0.8 0.5 −14.3 7.8
Total card purchases on Australian-issued cards 1185.1 1.1 1.0 4.5 20.5
of which: Credit and charge cards 298.0 1.7 1.3 1.1 20.3
of which: Debit cards 887.1 1.0 0.9 5.7 20.6
Cards on issue 61.1 0.2 0.4 1.8 2.4
of which: Credit and charge cards 17.5 −0.1 −0.1 −4.0 −1.1
of which: Debit cards 43.6 0.3 0.6 4.4 3.9
New Payments Platform transactions 97.9 0.9 −0.8 56.6 17.0
Cheque payments 2.2 −2.6 −2.0 −22.3 −12.2
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.