How Australians Pay: New Survey Evidence

Mary-Alice Doyle, Chay Fisher, Ed Tellez and Anirudh Yadav
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Mary-Alice Doyle: Reserve Bank of Australia
Chay Fisher: Reserve Bank of Australia
Ed Tellez: Reserve Bank of Australia
Anirudh Yadav: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2017, 59-66

Abstract: The Reserve Bank's 2016 Consumer Payments Survey showed that Australian consumers are increasingly using their debit or credit cards instead of paying in cash or writing cheques. While more and more small payments are being made with contactless ‘tap and go’ cards, cash is still often used for lower-value transactions and accounts for a significant share of payments for some segments of the community.

Keywords: Consumer Payments Survey; cash; cash use; payment cards; credit card; debit card; card use; cheques; mobile payments; mobile wallets; payment mix; payments system; payment methods; contactless payments; consumer payments; cash holdings. (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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