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… 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 . …

… Canadian small businesses truly desire to ditch cash and cheques in favour of new payment methods. From Payments …

… and values across all payment types, with the exception of cheques, experienced year-over-year growth in 2022. Credit … 59 per cent of total payment value in 2022, followed by cheques (28 per cent); credit cards (six per cent); debit … debits, direct deposits, bill payments, wire payments and cheques initiated and received by Canadians and Canadian …

… most business owners are willing to move away from cash and cheques – that is, once they have other options.”  Key … had other options 67% would be willing to move away from cheques, if they had other options 54% of businesses believe … debits, direct deposits, bill payments, wire payments and cheques. Payments Canada is a proud supporter of the …