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… other elements of the BEA, such as provisions for "crossed cheques", which may interfere with the legibility of cheque …

… to see a widespread shift away from paper-based payments, cheques and cash, as Canadians increasingly demonstrate … representing 23 per cent of total payments volume. Cheques and paper-based payments continued to play a … and values continued to decline, while average value of cheques increased; consumer cheques declined by about 12 per …

… $4.5 billion over five years simply from the elimination of cheques. In 2014, nearly one billion cheques were written in Canada. Many businesses still use cheques because of the information (e.g. invoices) that can …

… to decline slightly but the total average value of cheques remains on an upward trend. Fewer cheques are being written but for increasingly higher amounts. In 2016, the 798 million cheques written totalled almost $4 trillion. The CPMT report …

… also marked the near completion of migrating from paper cheques to the use of electronic cheques, with 70 per cent of cheques exchanged electronically as images.   “We are at a …

… online transfers, with a commensurate decline in cash and cheques. Unlike the last several years, the data points to … cheque transaction value is linked to the continued use of cheques for large value business payments. Summary of all … debits, direct deposits, bill payments, wire payments and cheques initiated and received by Canadians and Canadian …

… as direct deposit, which is fast, secure and convenient), cheques and Interac e-transfer continue to be preferred by …