Payment providers in Australia

Payment service providers in Australia

Australia is a card- and wallet-heavy market with one of the highest contactless and mobile wallet adoption rates in the world, plus a modern real-time bank network. This page lists {count} payment gateways, acquirers and payout providers that accept Australian dollars (AUD) or serve Australian businesses.

Local payment methods in Australia

• Cards: Visa, Mastercard, Amex and eftpos; Apple Pay and Google Pay are mainstream. Least-cost routing to eftpos lowers fees on debit.
• PayID and Osko on the New Payments Platform (NPP): instant account-to-account transfers by phone, e-mail or ABN.
• PayTo: NPP-based payment agreements that replace direct debit for recurring and e-commerce payments.
• BPAY for bills; BNPL is widely used in retail.

Regulation

Payment providers may need an Australian Financial Services Licence (AFSL) from ASIC (for example for non-cash payment facilities), and must enrol with AUSTRAC for AML/CTF when providing designated services; digital currency exchanges register with AUSTRAC. The RBA oversees payment systems and surcharging. Under the Interactive Gambling Act, online casino games are prohibited for Australians and credit cards are banned for online wagering, while licensed wagering is allowed.

High-risk and specialised verticals

Licensed wagering, forex/CFD brokers, nutra, dating and subscriptions can find acquiring but should expect reserves and enhanced monitoring. See high-risk merchants.

How to choose an Australian PSP

• Card pricing, eftpos routing and surcharging support
• PayID/PayTo support for pay-ins and refunds
• Settlement speed (same-day via NPP) and reserves
• AFSL/AUSTRAC status of the provider or its partners

Related: banks in Australia, legal, exchangers, liquidity, tech. Compare offers or post a request.