Longer term payments trends will be determined by the extent to which these behaviours become habitual.
Consumers use the new payment method; they like the new payment methods; they continue to use the new payment method at the expense (pardon the pun!) of the old method.
The saying goes that habits take between 21 to 254 days to form, depending on what source you believe. As I write this, there have been just over 200 days since the restrictions in Australia began at the beginning of April.
254 days seems just close enough for these habits to stay for good.
Alan Shields is Chief Operating Officer at RFi Group