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… (50%) report that they check the amount that hits their bank account — but not the pay statement details around … is not always considered a matter of priority. In fact, nearly half (47%) of Canadians say they pay more … economy/side hustle (26%). Opportunity for employers to proactively help educate employees on navigating their …

… cent) reporting that concern for fraud and cyber crime impacts their payment preferences and behaviour. Even though … fraud, the two most common types were ‘someone contacting the business pretending to be someone else and … payment methods Cash and electronic direct deposit to a bank account (EFT) are perceived to be the most secure …

… cent); online transfer (five per cent); cheque, automated banking machine (ABM) and prepaid cards (all at two per … use recovered to pre-pandemic levels, with one in 10 transactions paid in cash in 2022.  Almost nine in 10 (89 per … 2023 report , which analyzes 20.5 billion payment transactions made in 2022 totaling $11.7 trillion (more than $475 …

… is required to better serve rural, lower income, underbanked, and older Canadians to ensure viable alternatives to … younger Canadians using new channels, such as mobile contactless, on a more frequent basis. As we will discuss … cash users.5 We also investigate cash usage in terms of banking status and demographic factors. According to the …