US EditionMobile Wallet Payments Soar Amid Digital Banking Boom in Australia - Australian FinTech
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Mobile wallet payments soar amid digital banking boom
Australians made a staggering $160 billion worth of payments with their mobile wallets last year, as they continue to embrace the ease and convenience of digital banking. The Australian Banking Association’s 2025 ‘Bank on It’ report released today reveals digital payments continue to surge with over four billion mobile wallet transactions made in the past year, over 11 times the number of ATM cash withdrawals. Other key stats in Bank on It: 99.…
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