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Online platforms and mobile apps frustrate Canadian gig workers when it comes to pay day, reveals new Payments Canada study

… frustrated with how and when they get paid through online platforms and mobile apps despite 51% who depend on them … As gig economy engagement evolves, payment concerns point to new opportunities for digital platforms. OTTAWA, May 3, … Canada’s Payment Behaviour Tracker survey. The margin of error for this study was +/-2.5%, 19 times out of 20. About …

One in five Canadian businesses experienced payment fraud in the past six months – despite 63 per cent who feel confident in protecting their business against scams

… Canadian businesses have a higher rate of payment fraud (20 per cent) compared to Canadian consumers (13 per cent), reveals new Payments … or partial decision-makers in the business. The margin of error for this study was +/-2.5 per cent, 19 times out of …

One in five Canadian businesses experienced payment fraud in the past six months

… One in five Canadian businesses experienced payment fraud in the … have a higher rate of payment fraud (20 per cent) compared to Canadian consumers (13 per cent), reveals new Payments … or partial decision-makers in the business. The margin of error for this study was +/-2.5 per cent, 19 times out of …

Majority of Canadians alter payment habits due to fraud concerns — 13 per cent affected by payment fraud in the past six months

… More than one in five Canadians (22 per cent) risk missing bill payments due to concern of scams, reveals new Payments Canada study. Key … March 8, 2024, using Leger’s online panel. The margin of error for this study was +/ 2.5 per cent, 19 times out of …

Instant payment processing for gig workers is a big draw for businesses looking to take advantage of real-time payments

… New research reveals nearly half of Canadian businesses are taking advantage of the gig economy, but the … Canada currently does not have — businesses will know their funds have been deposited securely with no delays in settlement or risk of …

Canadian small businesses face continued struggles from pandemic headwinds – including adverse impact on sales (by 37% of businesses) and managing margins and profit (33%), reveals new Payments Canada study

… Digital innovation and payment fraud concerns create shifts in small … Canada reveals that Canadian small businesses continue to navigate through financial, operational, and … (33 per cent) Virtual currencies (25 per cent) Electronic funds transfers (23 per cent) Wire transfers (21 per cent) …

Funds transfer pre-authorized debit (PAD)

… payee are the same, a PAD drawn on the account of a payor to transfer funds from their account at one member financial institution to their account at another member …

Cross-border payments: Canadian landscape and challenges

Are Canadians ready to drop cheques and cash for digital/mobile alternatives? Signs of a tipping point on emerging new payment technologies

… OTTAWA, May 9, 2017 – Dropping the $1,000 note and penny from our currency pales in … In mobile banking, just over a quarter (27%) have deposited a cheque using their smartphone camera with a … A probability sample of this size would yield a margin of error +/- 2.5% 19 times out of 20. About Payments Canada: …

Payments Canada membership expansion: Providing better payment services for Canadians

… Canada on the Policy and Government Relations team, leading policy files related to membership expansion, Lynx, and … of Canada’s robust financial ecosystem is the movement of funds. Canada’s national payment infrastructure is integral … entities for patterns of suspected money laundering and terrorist financing. In reporting to FINTRAC, financial …

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