Cheque use in Australia is declining
The way we pay is changing as more and more of us turn to digital banking.
Cheque use across Australia has been declining between 22% and 25% annually during 2019 to 2022 . Meanwhile, more businesses across Australia are no longer using cheques and countries such as New Zealand have stopped using them altogether.
While cheques are still accepted by some businesses and most banks in Australia, the trend suggests that now is a good time to get familiar with payment alternatives.
Other ways to pay
As cheques become less and less common, NAB is providing a range of alternative payment methods for fast, safe banking that you can use at your convenience.
Personal payments
Direct debit
- Set up regular, automatic payments from your account
- Pay bills on time, every time
Learn how to schedule and edit regular payments
BPAY
- Pay bills or invoices using a BPAY biller code
- Save the biller details for future payments
Get tips on using BPAY
PayID®
- Send or receive payments using your mobile number or email address
- Simple and convenient
Card payments
- Make payment in person, online, or over the phone using your debit or credit card
- Added security with a PIN or CVV
Learn more about our NAB Debit Cards, opens in new window and NAB Credit Cards, opens in new window
Telephone banking
- Make transfer or payments
- Find account balances and transactions
Learn more about Telephone Banking , opens in new window
Business payments
BPAY
- Pay bills or invoices using a BPAY biller code
- Save the biller details for future payments
Get tips on using BPAY for your business.
PayID®
- Send payments using your mobile number, email address or ABN
- Simple and convenient
Find out how to transfer money using PayID
Compare our online banking platforms NAB Connect and Internet Banking
Card payments
- Make payment in person, online, or over the phone using your debit or credit card
- Added security with a PIN and CVV
Learn more about our NAB Business Visa Debit Card and NAB business credit cards
Receiving business payments
PayID® for business
- Receive payments using a mobile number, email address or ABN
- Fast, easy payments from your customers
Register your business for PayID
Easy Tap
- Zero set up costs
- No need for a terminal
Get your small business started with Easy Tap
EFTPOS
- Take secure payments instore and on the move
- Same day settlement
Get your business started with a NAB EFTPOS machine
Direct Debit
- Keep your cash flow going with automatic payments from your customers
- Reduce your business admin
Enquire about Direct Debits for your business
BPAY Biller
- Give your customers more options to pay
- Flexible payments for your customers
Set up your business with BPAY
Help and support
Guides and support services to help you manage banking with alternative payment methods to cheques.
More banking options
Ways to bank
Find out about all the ways you can bank at NAB, including online, phone and in person.
Get in touch
Personal banking contacts
Visit our personal banking contact page for FAQ’s and how-to-guides, help from our virtual assistant and contact numbers.
Business banking contacts
Visit our business banking contact page for how-to-guides and FAQ’s, as well as contact numbers.
Visit a NAB branch
Visit us in person at your nearest NAB branch or business banking centre.
Give us feedback
Help us improve your banking experience. Give us your feedback or make a complaint.
Terms and Conditions
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PayID® is a registered trademark of NPP Australia Limited.