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… in the past month (up from 55 per cent in 2022). Credit cards continued to be the preferred choice for e-commerce … transactions at 57 per cent followed by PayPal and debit cards at 18 per cent each. When looking at all payments, credit cards (33 per cent) and debit cards (30 per cent), made up …

… of retail sales, up 5.5 per cent year-over-year. Prepaid cards showed the greatest growth in transaction value among cards. Online transfers surpassed cheques by volume for … pay and get paid. When it comes to payment methods, credit cards represented 33 per cent of payment volume in 2023, …

… businesses still face traditional barriers in accepting card payments. Getting started in accepting card payments can be time and labour intensive and … in Canada think their customers don’t want to pay by card, even though our study revealed nearly 80 per cent of …

… continues to surge across the country ”,“ Growth in remote card payments far outpaces point-of-sale ”, “ Wallet users … through Near-Field Communication (NFC) can be made by card or phone, remote payments may be made on a laptop or … a fingerprint, and 3) what you have (possession),e.g., a card, driver’s license or a phone. Increasingly 4) …

… well-protected by their financial institution or credit card provider when it comes to making payments. Of those … else and requesting money’ (29 per cent), and ‘credit card payment fraud’ - either concerning an unauthorized purchase made on their credit card (18 per cent) or seeing a transaction on their credit …

… being uncomfortable when they have to touch debit or credit card payment machines  Preference for contactless payments  … 47 per cent of Canadians report tapping their credit cards more versus 42 per cent who report tapping their debit cards more, compared to 47 and 46 per cent respectively in …

… associated with payment processing, especially for credit card transactions. In fact, in a recent survey, the cost of accepting credit cards has consistently been cited as unsustainable by more … more and more transactions are moving to consumer credit cards, particularly with the inflationary strain on …