In Australia, credit cards are still the most commonly used online payment method. Especially Mastercard, Visa, and American Express are widely accepted and popular with consumers. They are often used for both domestic and international purchases. Would you like to accept credit card payments in your webshop? Almost all PSPs offer these credit card payment options as standard.
Additionally, Buy Now, Pay Later (BNPL) services, such as Afterpay, Zip, and Klarna, are gaining popularity. This is almost a mandatory payment option, especially for fashion, lifestyle, and beauty. Are you considering accepting Afterpay in Australia? If so, you are responding to the payment behaviour of young online shoppers.
Digital wallets, such as Apple Pay, Google Pay, and PayPal, are now indispensable, especially for making fast mobile payments. Want to accept Apple Pay or PayPal in Australia? Then you can offer a trusted and secure payment experience, which can increase conversion rates.
Also notable: PayID and POLi are local bank-based payment methods that are particularly popular due to their speed and simplicity. POLi in particular is a payment solution that is useful for companies that want to accept fewer or no credit card payments (due to costs and risk) – please make sure that your (future) PSP supports this POLi payment method.
