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… electronically at the same time rather than issuing cheques one by one. The payment type also allows for the use … faster settlement of invoices, the move away from paper and cheques and more uniform service across the country in all … electronic payments in Canada, reducing the reliance on cheques.” For more information on enhancements to automated …

… in cheque volume alone. In 2015, nearly one billion cheques were written in Canada. Though hard to quantify, the … debits, direct deposits, bill payments, wire payments and cheques.  -30- For media inquiries, please visit the  Media …

… since the start of the COVID-19 pandemic: Using less cash, cheques and prepaid cards.  62 per cent of Canadians … .) 40 per cent of Canadians who used to be weekly users of cheques were using cheques less frequently. 36 per cent reported using prepaid …

… today shows that cash and other paper transactions, such as cheques, are still leading, but in Canada new payment … million transactions worth $45 billion in 2015. The use of cheques continues to decline with a 25 per cent decrease … debits, direct deposits, bill payments, wire payments and cheques For media inquiries, please visit the  Media Centre . …