The value of new payments platform transactions in Australia rose nearly 30% year over year to AU$253.4 billion in May, according to new retail payment figures from the Reserve Bank of Australia (RBA) released Tuesday.
Total card purchases on Australian-issued cards was up 9% to AU$99.7 billion, with credit and charge cards accounting for AU$40.7 billion and debit cards for AU$59 billion.
Meanwhile, the number of new payments platform transactions was up more than 14% year over year to 173.1 million.
The number of total card purchases on Australian-issued cards rose 5% annually to 1.41 billion.
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