Annual number of credit card transactions in Australia 2012-2022, per capita
The number of credit card payments in Australia increased by roughly 380 million between 2021 and 2022. This led to the per capita count to increase to over 159 in 2022. This figure is significantly higher than what is seen in most European countries. Annual credit card transactions per capita in the UK, for example, reached 51 in 2020 - which was already higher than what was seen elsewhere in Europe. Cards are a relatively dominant payment method in Australia's in-store payments, as credit cards and debit cards together reached a market share of more than 75 percent in 2021.