The Shift in Aussie Payment Habits: From Bank Transfers to Mobile Billing

The era of physical payments is gradually becoming a thing of the past. According to the Financial Brand, digital payments worldwide are estimated to be around USD 11.55 trillion in 2024, projected to USD 16.62 trillion by 2028, representing a 9.5% compound annual growth rate (CAGR). Digital wallet payments are expected to reach a lion’s share of 65% of the total payments market by 2030. Australia is among the top card-heavy markets in the world, with 70% of Aussies replenishing their wallets with credit cards. This, in turn, suggests that they are one of the most digitally advanced nations in the world, with a preference for digital payments over cash.

Additionally, Australians are the most mobile nation in the world, with more than 75% of adults in the country owning a phone. As a result, 1/3 of all digital payments are made via mobile phones, according to the Reserve Bank of Australia. Still, despite the convenience of this payment method, Australians are increasingly opting for mobile billing. This payment method allows the cost of digital goods and services to be debited directly from a mobile phone account, eliminating the need for bank cards or cash. This article will delve into more detail, examining the reasons and prospects behind this trend.

How iGaming Platforms Influence Mobile Payment Preferences

The rapid growth of iGaming platforms has changed how Aussies approach online payments. More and more people prefer to play at a $10 deposit casino directly from their mobile phones, providing unrivalled convenience and flexibility. The shift to mobile gaming is one of the main reasons for the popularity of mobile payments: users want to top up their accounts and access their winnings to online casinos with 10 dollar deposit at their favourite sites without changing devices and wasting time on banking transactions.

Users demand fast, low-deposit options and convenient payment methods with minimal effort. This expectation has accelerated the adoption of mobile billing, e-wallets, and prepaid solutions in the gambling industry. Thus, users can place a minimum bet and play their favourite game without having to go to a physical casino and use a credit card.

When it comes to real-money play, the site where you make payments and enjoy the action has to be solid and trustworthy. That’s why it pays to pick carefully. The best $10 deposit online casino Australia options are easy to find through verified sources. All online casinos with 10 dollar deposit at minimum deposit online casino sites are checked and reliable, built for a safe and hassle-free experience for Aussie players.

Mobile Billing in Australia: Trends, Stats and Future

According to iMarc, the Australian digital payment market was valued at USD 118 billion in 2024. Experts predict its growth to USD 667 billion by 2033, reflecting a CAGR of 20.9% from 2025 to 2033. The mobile billing market — direct carrier billing (DCB) — was globally valued at US$54 billion in 2022, with projections to exceed US$74 billion by 2026, according to Juniper Research. Direct Carrier states that Australia is recognised as a leading market for DCB in the Asia-Pacific region, which is projected to account for 38% of the global DCB market by 2035.

There are lots of reasons why mobile billing is becoming so popular among Aussies, but we will highlight four main reasons:

• Speed. As mobile billing is a payment method where users charge purchases directly to their mobile phone bill or prepaid balance, it offers more convenience, as the user doesn’t need to make extra payments and spend more time worrying about it.
• Accessibility. DCB works even for users without credit cards or bank accounts, making digital payments available to a broader audience.
• Security. Because transactions are verified through the mobile network, the user doesn’t need to share sensitive banking details, reducing fraud risks.
• Simplicity. Users do not need to create many invoices and other documents, as all the payments are consolidated into a single phone bill.

Regarding problems and challenges, this type of payment still has several issues that need to be solved. In particular, there is a limited transaction size, competition with mobile wallets, which are still in the lead, and a lack of consumer awareness.

As for the future, the DCB market is expected to grow, particularly due to its implementation in an increasing number of products (such as music subscriptions and apps), the demand from the younger generation for greater simplicity and speed, and partnerships with telecommunications companies.