Payment method reviews

The addressing layer for Australia's instant payments. Free, fast and safer than typing a BSB.

The rail that actually moves the money on the NPP. Near-universal bank support, instant, free.

The 1997 bill-payment workhorse. Same-day, free at most banks, not instant.

Modern pull payments with visible, cancellable mandates. Direct debit's replacement, still rolling out.

Free P2P app from eftpos. Great for splitting bills, limited beyond that.

Mid-market FX at ~0.43%, AFSL-licensed, AUD account details. Our top-scored wallet.

Closest thing to a neobank app in Australia. Strong free tier, watch the weekend FX.

The default online wallet with real buyer protection. Expensive FX is the trade-off.

Dual FCA/MFSA regulation and native AUD — the best-regulated of the niche wallets.

Skrill's older sibling with AUD balances and PayID funding. Same steep FX margin.

Paysafe wallet with a 3.99% FX margin. Only makes sense when a platform you use lists it.

Genuinely clever mobile-only wallet, but no verified AUSTRAC registration for Australia.

The rebranded ecoPayz. Holds AUD, but fees and account tiers work against casual users.

Ambitious multi-currency wallet, but thin Australian footprint and unverified AUSTRAC status.

Prepaid vouchers plus a wallet app. Spending-cap logic is nice; regulatory clarity isn't.

Newer UK e-money wallet with ~3% FX and no verified AUSTRAC registration. Proceed carefully.

A prepaid cash voucher, not a wallet. Anonymity cuts both ways; fees and gaps add up.

Tokenised card payments done right. Free, wide bank support, iPhone-only.

The Android answer to Apple Pay. Free, broad support, better transit coverage.

Solid tap-to-pay for Galaxy owners. Good bank support, Samsung-only by design.