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Which payment system is used in Australia?

15 Aug 2022 By PAYCEC

Although decreasing per year with the growth of the digital era, the use of cash still remains widespread in Australia. On the other hand, the role of online payment systems in Australia like banks and non-cash payments is rising every day in the kangaroo market. Credit, debit cards, and prepaid cards are some of the most popular cashless payment methods in Australia. Bank transfers, buy now pay later, and e-wallets are also widely used in the Australian e-commerce industry.

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