Key Market Indicators
Payment transactions in Australia are set to reach $12.7 trillion by 2026, according to a new report. This figure is up from $12.8 trillion in 2021, representing a year-on-year growth rate of 0%. Since 2012, the annual growth rate has been 1%. In 2021, Australia was ranked 13th, with Brazil overtaking with $12.8 trillion. The US, UK and Germany came in 2nd, 3rd and 4th respectively in this ranking. The number of payment terminals in Australia is also set to increase, reaching 15.02 million units by 2026. This is up from 13.23 million units in 2021, with average year-on-year growth of 2.4%. Since 2012, the annual growth rate has been 3.8%. In 2021, Australia ranked 11th, with Canada coming in ahead with 13.23 million units. China, Brazil and the UK occupied the 2nd, 3rd and 4th positions in this ranking.
