Practical AML rules for Australia’s gift card industry
Australia’s retail and payments sector has welcomed the finalisation of new Anti‑Money Laundering and Counter‑Terrorism Financing (AML/CTF) rules for gift cards, with the Australian Gift and Prepaid Card Association (AGPCA) playing a central role in securing a proportionate, practical and risk‑based outcome. AUSTRAC’s AML/CTF (Class [...]
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AGPCA lodges submission to AUSTRAC in response to recent consultation
The Australian Gift and Prepaid Card Association (AGPCA) has formally lodged a submission to AUSTRAC in response to the recent consultation on proposed updates to the AML/CTF Rules, including the exposure draft amendments relating to transfers of value and proposed exemptions relevant to gift and [...]
Learn moreMar
AGPCA Lodges AUSTRAC Exemption Application
The Australian Gift & Prepaid Card Association (AGPCA) has submitted a formal application to AUSTRAC seeking clarification on how recent legislative amendments apply to gift cards and other stored value card products. The Anti Money Laundering and Counter Terrorism Financing Amendment Act 2024 introduced updated [...]
Learn moreFeb
AGPCA Submission to AUSTRAC – AML/CTF Framework for Gift Cards
The Australian Gift and Prepaid Card Association (AGPCA) has provided a formal submission to the Department of Home Affairs and AUSTRAC as part of its consultation on updates to Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime. Our submission addresses proposed changes that could affect [...]
Learn moreDec
AGPCA Submission to Treasury – Payments System Modernisation
The Australian Gift and Prepaid Card Association (AGPCA) has lodged its submission to Treasury in response to the exposure draft of the Treasury Laws Amendment Bill 2025: Payments Systems Modernisation. These reforms propose significant changes to the licensing framework for stored value facilities, including gift [...]
Learn moreDec
The Rise of Self-Gifting: What It Means for Retailers and Loyalty Programs
Traditionally viewed as a tool for gifting others, gift cards are increasingly being used by consumers to treat themselves. According to the latest AGPCA research, 1 in 3 gift card consumers now purchase gift cards for their own use - a trend that’s
Learn moreAug
The latest Research on Cards
Gift cards have evolved from simple gifting tools into powerful retail instruments that drive revenue, customer acquisition, and brand loyalty. In Australia, the gift card market is experiencing robust growth, offering retailers a unique opportunity to enhance their
Learn moreJul
Australia’s First Gift and Prepaid Card Association is Here
Did you know that the Australian Gift Card market is estimated to be in excess of $6 billion in sales this year alone? The market shows no sign of slowing down, so AGPCA has been formed to help navigate this fast-changing world.
Learn moreNov