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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

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Please visit worldpay.com/global-card-acquiring for more information.

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