Retail Payments May 2020

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 2020 Apr 2020 May 2020 May 2019 May 2020
ATM withdrawals 7.6 -30.2 17.1 -5.0 -30.0
Total card purchases on Australian-issued cards 52.3 -19.1 16.0 6.3 -5.3
of which: Credit and charge cards 21.9 -22.7 10.9 2.4 -20.7
of which: Debit cards 30.4 -16.0 19.9 10.5 9.9
Total balances outstanding on credit and charge cards 40.2 -24.9 -10.3 -1.3 -26.1
of which: Balances accruing interest 24.8 -4.0 -7.0 -5.4 -19.7
New Payments Platform transactions 41.6 -8.4 5.0 401.8 166.1
Cheque payments 27.2 -35.1 -2.9 -33.4 -42.7

Source: RBA

Number of Retail Payments
Number
(Million)
Growth
(Per cent)
Monthly Year-ended
May 2020 Apr 2020 May 2020 May 2019 May 2020
ATM withdrawals 25.3 -37.6 14.6 -9.1 -46.1
Total card purchases on Australian-issued cards 828.7 -22.0 16.5 11.3 -3.1
of which: Credit and charge cards 214.9 -26.6 16.9 4.9 -12.6
of which: Debit cards 611.8 -20.0 16.3 14.3 1.3
Cards on issue 62.4 -0.7 -0.1 -0.3 -2.1
of which: Credit and charge cards 19.1 -1.0 -0.7 -6.9 -9.0
of which: Debit cards 43.3 -0.5 0.2 3.3 1.3
New Payments Platform transactions 40.9 -5.1 8.7 315.7 119.9
Cheque payments 3.2 -15.4 1.6 -20.1 -31.1

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.