Quick coffee? Digital wallets make light work of Aussie payments

By Krutika Kale · · 2 min read
Fact Checked
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When was the last time you paid cash for your morning coffee? 

Aussies are increasingly choosing the convenience of digital wallets and businesses are well aware - coffee with cash is fairly outdated!

In fact, new research shows that 45% of Australian businesses see a need to upgrade their current payments systems. The report from University of Sydney Business School further shows that digital payments are beneficial for businesses as they boost their competitiveness and give them a chance to expand internationally. 

But does your digital wallet fit the bill?

With the world changing its payment preferences, here are a few things you should consider: 

  • Make sure the tech meets your needs: Perhaps you move your money around quite a lot or need to make international transfers. Or maybe you love the ease of tap & pay. This is where the right digital wallet can be a huge help.  
  • Do your research: Before signing up, check what’s on offer and how easy the wallet is to use. There are a number of options!
  • Make use of what’s available: Embrace the new tools, they may cut down on time and in most cases the security around them is cutting edge.  

Let’s look at a few examples. Here are some bank accounts and the digital payment options they offer: 

  • Ubank’s Spend Account offers quite a few payment options like Apple Pay, Google Wallet, PayID, Samsung Pay, Fitbit Pay, and Garmin Pay. (It comes with zero account fee and even has zero foreign transaction and ATM withdrawal fees). 
  • AMP’s Cash Manager offers Apple Pay, Google Wallet and Samsung Pay. (It has no account fee and an interest rate of 0.60% p.a.). 
  • Suncorp’s Everyday Options offers Apple Pay, Google Wallet and PayID. (It has no account fee and an interest rate of 0.01% p.a).
  • MyState Bank’s Glide Account offers Apple Pay, Google Wallet, PayID, Samsung Pay, FitBit Pay and Garmin. (No account fees). 
  • CommBank’s Smart Access offers Apple Pay, Google Wallet, PayID, Samsung Pay, Sarmin and Fitbit. (It charges an account fee of $4). 

Always be sure to do your research when choosing a bank account. As you can see some offer a greater variety of digital wallets than others. You can start comparing some of the top bank accounts below. 

Compare top bank accounts: 

Bank account comparisons on Mozo

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can search our database of 168 bank accounts.
Last updated 21 May 2025 Important disclosures
  • Everyday Account

    $0.00

    Apple Pay, Google wallet

    0% p.a.

    In addition to $0 monthly account-keeping fees and 24/7 real human support, you can turn your everyday banking into Qantas Points. Link your Qantas Frequent Flyer account to your AMP Bank Everyday Account, in the new AMP Bank app and earn 1 point for every $10 on your average monthly balance. T&Cs apply.

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  • Mozo Expert Choice Badge
    Everyday Edge Account

    $0.00

    Apple Pay, Google Pay, PayID, Samsung Pay

    0% p.a.

    This bank account has no account keeping fees to pay. There are unlimited fee-free domestic transactions. Safe and secure digital banking. Fee-free card purchases and cash-out transactions in-store. Free access to thousands of ATMs nationwide. For customers 18 or over.

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  • Choice

    $5.00

    Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, Digital Card

    0% p.a.

    Enjoy no monthly account-keeping fees for the first 12 months, for deposits of $2,000 a month or for eligible customers. No withdrawal fees at branded and select non-branded ATMs. No international transfer fees when sending foreign currency overseas via Online Banking or the Westpac App. Unlimited free transactions and account enquiries.

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  • Everyday Global Account

    $0.00

    Apple Pay, Google Pay

    0% p.a.

    Enjoy $0 monthly account fees and international fees, with no minimum deposit or balance requirements. Buy, hold and spend in 10 currencies (AUD included) and earn 2% cashback for purchases under $100 (T&C’s apply). Mozo's Experts Choice 2025 winner for Exceptional Everyday Account.^

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  • Orange Everyday

    $0.00

    Apple Pay, Google Pay, PayID, PayTo

    0% p.a.

    ING’s Orange Everyday bank account offers no monthly fees and 1% cashback on eligible utility bills up to $100 (T&Cs apply). Experts Choice Awards Highly Commended Everyday & Savings Bank 2025^

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  • Everyday Options Account

    $0.00

    Apple Pay, Google Pay, PayID

    0.01% p.a.

    Enjoy 0% foreign currency conversion fees on Visa Debit card purchases. Plus make an eligible purchase using your linked Visa Debit card to earn cashback at participating merchants. $0 monthly account keeping fees & the option to open up to 9 sub-accounts. Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL 229882 Australian Credit Licence 229882). The SUNCORP brand and Sun Logo are used by Suncorp Bank (Norfina Limited) under licence and Suncorp Bank is not part of the Suncorp Group.

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^See information about the Mozo Experts Choice Bank Account Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

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