Astonishing Credit Card Usage Statistics From Australia & The U.S

Astonishing Credit Card Usage Statistics From Australia & The U.S

If you’re already accepting credit cards as a way of payment for your online bookings, good job! But if you’re unconvinced for whatever reason, then these statistics should change your mind. Here’s why credit card usage should be in your tour and activity business.

Although these stats are from Australia and the U.S, it’s still an indicator of credit card usage around the globe. Bottom line for tour operators: Do not ignore credit cards as a booking payment method.

Have a look at these incredible credit card usage statistics:

Credit Card Usage Statistics for Tour Operators – Australia & USA from Rezdy Tour Booking Software

 

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Australian credit card statistics

Aussies spent $546.58M each month with credit cards in 1985, compared to $22.97 billion in 2013.
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The number of Aussie debit accounts in 1994 was $12.46M, compared to $37B in 2013.
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In 1985, the average Aussie credit card balance was $2.63B per month, compared to $44.19B in 2013.
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Aussie credit limits in 1985 were $7.53B, compared to $139.95B in 2013.
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In Australia, total cash advances averaged 110.83M in 1985, compared to $886M in 2013.
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U.S credit card statistics

The total number of credit card transactions in the US in 2003 was $19B, compared to $26.2B in 2012.
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43% of US cards were being used for non cash payments, compared to 67% in 2012.
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In 2012, 62% of US credit card users used their cards to buy travel.
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In the US, those age 50 and up are more likely than those age 18-49 to use their credit card for travel.
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In the US, 46% of debit card holders & 40% of credit card holders say they use their cards most often when online shopping.
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If you’re keen to start accepting credit card payments for your online bookings, why not take a free trial of Rezdy? You don’t need a merchant account and you can get set up in minutes.

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