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… in transaction value OTTAWA, October 4, 2022 – Today, Payments Canada released its annual Canadian Payment Methods … than pre-pandemic Contactless payment transaction value increased year-over-year in 2021 by 18% Credit card use … nine per cent and six per cent respectively in volume, but increased 14% and seven per cent in value Online transfer …

… views of the author(s), and are not intended as an official Payments Canada statement or position. Summary Recently, we … some shifts away from credit cards as new channels (such as Apple Pay and Samsung Pay) become more prominent. This … payments and spending roughly $900. Awareness continues to increase, with about 97 per cent of Canadian consumers being …

… while cash use declined 41 per cent over last five years, Payments Canada study reveals. Key study highlights: While … per cent compared to five years ago, total payment value increased by 21 per cent.  Credit cards represent 33 per … (48 per cent) of existing buy now, pay later (BNPL) users increased usage in 2022. While 49 per cent of Canadians are …

… weather so you can dress accordingly for the day ahead. On payday, you probably do something fairly similar, with the addition of checking your banking app to see if your pay made its way into your account.  Payments Canada’s … coming from and where it’s going. With rising inflation and increased interest rates, there’s no time like the present …

… three data governance and privacy issues within the payments industry DISCLAIMER: Articles are written to … from Big Tech like Meta (previously, Facebook), Google, Apple, and Amazon, and may point to market concentration in … and processing transactions, their improper usage may increase market volatility. Overuse of similar models by …

… Recently, Payments Canada welcomed Daniela Aubry, Deputy Chief Payments Officer, Head of Client and Customers at Metrolinx … choice and customer-focused options. We’re seeing a massive increase in the number of transactions that customers can …