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… continues to evolve, making it more important than ever for businesses to keep pace. However, a recent Leger survey … that Canadian businesses still use credit cards, cash and cheques as top payment methods. The trio discusses how we … continues to evolve, making it more important than ever before for businesses to keep pace. However, Canadian …

… change that’s occurring in consumer behavior imposed by the forced shutdowns. Take the example of a consumer who frequented their local hardware store before the pandemic. As a result of closures, this person was … in the event of an audit. One of the reasons businesses use cheques is because there is a paper trail that they can rely …

… relationships and, at the same time, prepare the business for a modernized payments system in Canada, including … pilot from its other operating regions More payment choices for clients Expedited payments that reduce claims time and … as ISO-enabled payments provide the potential of replacing cheques -- are also captured in the study. This is the third …

… a world where every automotive dealer had different names for the parts of a car. That would make communicating with … transactions, and trying to place a simple order for a standard part could cause confusion. This kind of … rich payments that meet cost and timing needs. Reliance on cheques is greatly diminished because the myriad of …

… in Canada. These improvements will create a platform for innovation, enabling new and exciting ways for Canadians … and support the move away from paper-based invoicing and cheques. Canadian businesses need to ready themselves for …

… $10.8 trillion , and highlights trends that are transforming the Canadian payment landscape. The report reveals … highlights: Pandemic changes long-term payment preferences for 43% of Canadians 50% of Canadians use e-commerce … volume and value each grew by 13% year-over year Cash and cheques declined nine per cent and six per cent respectively …