Canadian payment data for 2023
For details please see the 2024 Canadian Payment Methods and Trends (CPMT) report and view the accompanying fact sheet.
*Average transaction size
CHEQUES AND PAPER
Value: $2.9 T
Volume: 379 M
Average*: $7,568
DEBIT
Value: $302 B
Volume: 6.6 B
Average*: $46
AUTOMATED BANKING MACHINES (ABM)
Value: $82.1 B
Volume: 385 M
Average*: $213
ELECTRONIC FUNDS TRANSFER (EFT)
Value: $7.2 T
Volume: 3.2 B
Average*: $2,279
PREPAID/PREFUNDED
Value: $24 B
Volume: 349 M
Average*: $69
CREDIT CARD
Value: $847 B
Volume: 7.1 B
Average*: $119
ONLINE TRANSFERS
Value: $464 B
Volume: 1.3 B
Average*: $363
CASH
Value: $62.6 B
Volume: 2.4 B
Average*: $26
