Almost 90% of Australia’s 25m population uses the internet.1 According to the World Bank, all Australians over the age of 15 have a bank account, about 76% of the population makes online purchases and/or pays bills online, and about 60% of the population owns a credit card.2
These numbers indicate an already mature payments market. “People are banked, and therefore very familiar with various banking tools to make payments,” says Filippo Giachi, managing director - APAC & MENA at DOCOMO Digital, the global mobile payments solutions provider.
Download the article to read more about the current payment landscape in Australia and how the covid push will change that.