Product Code: ETC4380636 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The mobile money market in Australia is growing as digital payment solutions become more prevalent. The adoption of mobile wallets, contactless payments, and peer-to-peer transactions is increasing among consumers and businesses. Government initiatives promoting cashless transactions further drive market expansion. However, cybersecurity threats and regulatory compliance requirements present challenges to providers.
The mobile money market in Australia is expanding due to increasing adoption of digital payment platforms and growing financial inclusion efforts. Rising use of mobile wallets for peer-to-peer transfers, bill payments, and online purchases is driving market growth. Enhanced security measures and regulatory support are further supporting adoption.
The mobile money market in Australia faces challenges from low consumer adoption and competition from established banking institutions. Regulatory restrictions on financial transactions and concerns over data security and fraud further limit market growth.
The Australia Mobile Money Market presents attractive investment opportunities due to increasing adoption of digital payment solutions. Investment in expanding mobile payment infrastructure, improving transaction security, and introducing cross-border payment options could drive market growth.
Mobile money is regulated under the Banking Act and the Telecommunications Act. The government provides financial support for fintech innovation and secure payment platforms. Data privacy and financial security regulations apply to mobile money services. Import tariffs on payment technology components are low.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Mobile Money Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Mobile Money Market - Industry Life Cycle |
3.4 Australia Mobile Money Market - Porter's Five Forces |
3.5 Australia Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 Australia Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 Australia Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Australia Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 Australia Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Mobile Money Market Trends |
6 Australia Mobile Money Market, By Types |
6.1 Australia Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 Australia Mobile Money Market Revenues & Volume, By Transaction mode, 2021-2031F |
6.1.3 Australia Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.4 Australia Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.5 Australia Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 Australia Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 Australia Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 Australia Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 Australia Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 Australia Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 Australia Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 Australia Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 Australia Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 Australia Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 Australia Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 Australia Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 Australia Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 Australia Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 Australia Mobile Money Market Import-Export Trade Statistics |
7.1 Australia Mobile Money Market Export to Major Countries |
7.2 Australia Mobile Money Market Imports from Major Countries |
8 Australia Mobile Money Market Key Performance Indicators |
9 Australia Mobile Money Market - Opportunity Assessment |
9.1 Australia Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 Australia Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 Australia Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Australia Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 Australia Mobile Money Market - Competitive Landscape |
10.1 Australia Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 Australia Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |