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… Canada’s premier payments conference is only two months away.  As … security to manage their financial information themselves, without having to rely on others or complete strangers just …

… Read the response to FINA’s 2023 pre-Budget consultation … growth in electronic payments and online commerce. Cash and cheque payments have declined dramatically. Businesses are … payments modernization, regulatory changes are required. To date, the federal regulatory framework for electronic …

… Payments Canada’s 2018 Methods and Trends Report explores new … and leaving traditional forms of payment, like cash and cheque, by the wayside. Businesses too are adopting digital … Transfers (EFT) more frequently and reducing their use of cheques. Wider adoption of electronic payments by businesses …

… Credit card use exceeds debit for first time with 16 per cent YOY … 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 …

… OTTAWA, November 17, 2015 – The Canadian Payments Association … $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 …

… Payments Canada’s 2017 Methods and Trends Report shows credit … with payroll and consumer bill payments, surpassed cheque valu e for the first time in 2016. Despite hitting … of being able to tap a card or phone at the point-of-sale. Cheque use continues to decline slightly but the total …

… Electronic payments account for 73 per cent of all transaction volume … volume , while electronic funds transfers (EFT) and cheque and paper transactions dominate the transaction … card rewards and the expansion of e-commerce in Canada.  Cheque and paper volume represent only three per cent of …

… Digital payments volume grew to represent 79 per cent of all … online transfers, with a commensurate decline in cash and cheques. Unlike the last several years, the data points to … part, this trend is fuelled from the growing gig economy.   Cheque use continued to decline, while average cheque …