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worldpay.com/global-card-acquiring
Developing the local acquiring landscape
Australia’s thriving eCommerce market
You can trust our experience
Creating business success Worldpay is not a bank; we’re specialists in enabling trade and facilitating transactions. Working to create business success for both our customers and our customers’ customer by helping them to feel safe, secure and satisfied with their payments has been Worldpay’s core business for 25 years.
A world of advantages Single solutionIn an ever-changing global market, Worldpay continues to innovate and anticipate how your business can adapt to having a single eCommerce solution for all your payment needs. We understand that your customers transact in multiple ways across the globe and support over 200 alternative payment methods. And we’ll work with you to provide the right payment mix for your business.
Optimised performanceWorldpay’s knowledge and expertise helps its customers keep pace with the demands of the global world of eCommerce. With market-leading optimisation, you’ll maximise transaction success, reduce costs and improve your customer experience.
Looking to grow your business in Australia? Worldpay is one of the few global payment companies with a domestic acquiring capability in this dynamic market. Whether you’re based in Australia or an international business looking to expand into eCommerce in Australia and around the world, we’re ready to use our unique experience, global presence and professional know-how to support you.
150,000 of the world’s leading businesses trust Worldpay with their transactions across 135 countries. By working in partnership with our customers, we have some of the longest-standing customer relationships in the payments industry.
With high internet penetration and a technologically-aware consumer base, eCommerce continues to grow steadily in Australia.
Traditionally, cross-border trade is high compared to domestic purchasing, but this is beginning to change as local suppliers deliver increasingly sophisticated online services. This signifies a move away from card payments towards already popular alternative payment methods, including PayPal, Bpay and POLi.
Credit cards in Australia
Commercial opportunities With a population of 23 million, Australia is one of Asia Pacific’s largest eCommerce markets, accounting for $42 billion of the country’s GDP in 2015. Internet penetration is high at 83% while mobile subscriptions stand at 1.31 per capita. Although credit cards rule Australia’s payments landscape, consumers are among the world’s biggest users of eWallets, which account for 21% of market payment methods.
Projected growth of Internet use and smartphone ownership
55% 28% 15%
1% 1%Discover Financial Services
Local Card Schemes
2015: 2019:
US$13BNUS$6BN
US$36BN US$53BN
Visa MasterCard American Express
Source: Worldpay Global Payments Report, 2015
42%Credit Card
21%eWallet
14%Direct Card
5%Cash on Delivery
4%Charge Card
4%Bank Transfer
4%PostPay
4%PrePay
1%Pre-Paid
1%Others
Australian eCommerce market payment methods
32
Please visit worldpay.com/global-card-acquiring for more information.
© Worldpay 2016. All rights reserved.This document and its content are proprietary to Worldpay and may not be reproduced, published or resold. The information is provided on an “AS IS” basis for information purposes only and Worldpay makes no warranties of any kind including in relation to the content or sustainability. Terms and Conditions apply to all our services. Worldpay (UK) Limited (Company No. 07316500 / FCA No. 530923), Worldpay Limited (Company No. 03424752 / FCA No. 504504), Worldpay AP Limited (Company No. 05593466 / FCA No. 502597). Registered Office: The Walbrook Building, 25 Walbrook, London, EC4N 8AF and authorised by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. Worldpay (UK) Limited is authorised and regulated by the Financial Conduct Authority for consumer credit activities. Worldpay, the logo and any associated brand names are all trademarks of the Worldpay group of companies.
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