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… COVID-19 maintains grip on shifting spending and purchasing preferences; 42 per cent say digital-first mindset here to … their payments preferences to digital and contactless for the long-term.   The study provides a moment-in-time …

… In the 2023 Fall Economic Statement (FES), the federal government … to say we are thrilled that the Fall Economic Statement proposed amendments to the Canadian Payments Act ! Payments … the extent and nature of the possible changes to our legal framework, we'll determine if a consultation is needed. So …

… Payments Canada’s 2017 Methods and Trends Report shows credit … by Payments Canada. Credit cards are clearly paving the way for friction-free payments and luring new customers with … behaviours can have a big impact,” said Anne Butler, Vice President Policy, Research, Legal and General Counsel. “The …

… Electronic payments account for 73 per cent of all transaction volume versus cash at 21 … worth CA$129.9 billion at the point-of-sale (POS). Debit represents almost 60 per cent of volume of these contactless …

… Digital payments volume grew to represent 79 per cent of all transactions in 2020, as consumer appetite for digital transactions fueled growth in online transfers …

… Credit card use grew 30 per cent while cash use declined 41 per cent … payment value increased by 21 per cent.  Credit cards represent 33 per cent of payment volume in 2022, followed by … cent) Canadians tapped a payment card at least once a month for a store purchase in 2022. For the first time, online …

… Credit card use exceeds debit for first time with 16 per cent YOY growth; Cash use shrinks … the Canadian payments landscape. “We continue to see a widespread shift away from paper-based payments, cheques and …