Credit Card Processing in Australia - Market Research Report

Credit Card Processing industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.8%

The Credit Card Processing industry has grown over the past five years, benefiting from the increasing uptake of non-cash and contactless forms of payment. Other factors such as rising household consumption expenditure and the growing popularity of online shopping have further supported the industry's long-term growth. However, the industry's performance has been limited by the reduced interchange fees implemented by the RBA, which caused revenue to decline over the two years through 2017-18. Overall, industry revenue is expected to grow at an annualised 0.9% over the five years through 2019-20, to $5.2 billion. Revenue is expected to rise by 1.9% over the current year. Australia has been a global leader in adopting non-cash and contactless payments...
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Credit Card Processing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Credit Card Processing industry is forecast to continue growing over the next five years, following its trend of long-term growth, despite the new interchange standards implemented by the RBA. The fundamental factors underpinning industry growth are anticipated to persist over the long term. Increasing household consumption expenditure, the rising uptake of non-cash and contactless payments, and the growing popularity of online shopping are anticipated to support growth in interchange fees and revenue for the industry. Overall, industry revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to total $X.X billion. Given the heavy regulation in the industry and the RBA's designation of payment schemes under the Payme...
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Credit Card Processing industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 7
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 518

Biggest companies in the Credit Card Processing industry

The companies holding the largest market share in the Credit Card Processing in Australia industry include Visa Inc., Mastercard Inc and American Express Australia Limited.

  • pie_chart Visa Inc. Market Share: x.x%
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  • pie_chart Mastercard Inc Market Share: x.x%
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  • pie_chart American Express Australia Limited Market Share: x.x%
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What is Credit Card Processing industry?

Industry Definition

The industry provides authorisation, clearance and settlement services for payments between financial institutions involved in transactions conducted by cardholders and merchants.

Industry Products and Services

  • Debit cards
  • Credit cards
  • All Others

Industry Activities

  • Credit card processing
  • Debit card processing
  • Card payment authorisation
  • Card payment clearing
  • Card payment settlement

Market research report - table of contents

Industry Definition

The industry provides authorisation, clearance and settlement services for payments between financial institutions involved in transactions conducted by cardholders and merchants.

Main Activities

  • Credit card processing
  • Debit card processing
  • Card payment authorisation
  • Card payment clearing
  • Card payment settlement

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Household consumption expenditure influences the value and volume of transactions processed by industry operators. Households adjust their spending and bo...
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Household consumption expenditure
Demand from credit card issuance
Consumer sentiment index
Demand from online shopping

Current Performance

Non-cash and contactless payment
Interchange fee reforms
Transaction value and volumes
 Chart: Revenue Growth

Industry Outlook

Digital wallets
Interchange fee reforms
 Table: Credit Card Processing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Credit Card Processing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumer Goods Retailing in Australia
Online Shopping in Australia
Credit Card Issuance in Australia




Key Selling Industries

Computer and Computer Peripheral Wholesaling in Australia
National and Regional Commercial Banks in Australia





Products & Services

The industry's main activity is processing transactions made using credit and debit cards. Most processing fees are generated from credit card transaction...






Demand Determinants

The Credit Card Processing industry is influenced by a range of factors including household consumption expenditure, consumer sentiment, demand for differ...
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Major Markets








 Chart: Major Market Segmentation for the Credit Card Processing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Credit Card Processing industry is characterised by high market share concentration as it is made up of only five enterprises. The industry's three ma...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Credit Card Processing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Credit Card Processing in Australia - Market Research Report Industry

Industry Globalization

Visa Inc. is a foreign-owned global credit card administrator and payment systems provider. Visa operates in more than 200 countries, enabling consumers, ...
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Visa Inc

 Table: Visa Inc - financial performance

Mastercard Inc

 Table: Mastercard Inc - financial performance

American Express Australia

 Table: American Express Australia - financial performance

Capital Intensity

The Credit Card Processing industry exhibits low and steady capital intensity. Apart from investment in computers and similar technology infrastructure, t...
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 Chart: Level of Capital Intensity for the Credit Card Processing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Credit Card Processing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

FOUR-PARTY PAYMENT SCHEME

INTERCHANGE FEE

THREE-PARTY PAYMENT SCHEME

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Credit Card Processing industry?

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This report on Credit Card Processing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Credit Card Processing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Credit Card Processing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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