In a survey conducted in Australia in 2022, around eight percent of respondents had a transaction declined due to insufficient funds when making a purchase and had to return some of their items. A further 11 percent of consumers completely abandoned their purchase due to insufficient funds.
Share of consumers who have recently had a transaction declined due to insufficient funds in Australia as of June 2022
Survey question: Have you had a transaction declined due to insufficient funds at the checkout in the past 3 months? (e.g. at a supermarket, petrol station, restaurant etc).
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finder.com. (August 22, 2022). Share of consumers who have recently had a transaction declined due to insufficient funds in Australia as of June 2022 [Graph]. In Statista. Retrieved December 05, 2024, from https://www.statista.com/statistics/1336498/australia-share-of-consumers-transaction-declined-insufficient-funds/
finder.com. "Share of consumers who have recently had a transaction declined due to insufficient funds in Australia as of June 2022." Chart. August 22, 2022. Statista. Accessed December 05, 2024. https://www.statista.com/statistics/1336498/australia-share-of-consumers-transaction-declined-insufficient-funds/
finder.com. (2022). Share of consumers who have recently had a transaction declined due to insufficient funds in Australia as of June 2022. Statista. Statista Inc.. Accessed: December 05, 2024. https://www.statista.com/statistics/1336498/australia-share-of-consumers-transaction-declined-insufficient-funds/
finder.com. "Share of Consumers Who Have Recently Had a Transaction Declined Due to Insufficient Funds in Australia as of June 2022." Statista, Statista Inc., 22 Aug 2022, https://www.statista.com/statistics/1336498/australia-share-of-consumers-transaction-declined-insufficient-funds/
finder.com, Share of consumers who have recently had a transaction declined due to insufficient funds in Australia as of June 2022 Statista, https://www.statista.com/statistics/1336498/australia-share-of-consumers-transaction-declined-insufficient-funds/ (last visited December 05, 2024)
Share of consumers who have recently had a transaction declined due to insufficient funds in Australia as of June 2022 [Graph], finder.com, August 22, 2022. [Online]. Available: https://www.statista.com/statistics/1336498/australia-share-of-consumers-transaction-declined-insufficient-funds/
