QR, Crypto and PayTo fail to attract consumer take up despite investments: RBA

Warwick Ponder
Editor
3 Jun, 2026
Continuing investment and marketing spend on QR, Crypto and PayTo payments have failed to convince consumers to walk away from the convenience and speed of traditional cards, according to the Reserve Bank of Australia’s latest Consumer Payment Behaviour Survey. But PayID is bucking the trend and starting to take off.
QR, Crypto and PayTo fail to attract consumer take up despite investments: RBA

Continuing investment and marketing spend on QR, Crypto and PayTo payments have failed to convince consumers to walk away from the convenience and speed of traditional cards, according to the Reserve Bank of Australia’s latest Consumer Payment Behaviour Survey. But PayID is bucking the trend and starting to take off.

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