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… 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 . …

… evolve to a fully ISO 20022-based system capability over a period of time in line with the SWIFT MT/MX coexistence …

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

… give your input. I’d also note that beyond the regulation period, we will be looking for further industry input on …

… transaction value among cards. Online transfers surpassed cheques by volume for business payments for the first time. … For the first time ever, online transfer usage surpassed cheques based on volume for business payments. Cash … up eight per cent in volume and 40 per cent in value.  Cheques have declined by -35 per cent in volume and -20 per …

… 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 …