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… electronic payments. * Canadian dollar only. Paper-based Cheques Paper remittances* Government items (including government cheques, redeemed bonds, treasury bills, and coupons)* … each direct clearer enters its total number and value of cheques that it must deliver to each other direct clearer …
… Transfers (EFT) more frequently and reducing their use of cheques. Wider adoption of electronic payments by businesses … in cheque use since 2014. There were 282 million fewer cheques written in 2017 than in 2012 in favour of EFT, credit cards and online transfers. Still, remaining cheques are being written for increasingly higher amounts, …
… that Canadian businesses still use credit cards, cash and cheques as top payment methods. The trio discusses how we …
… $4.5 billion over five years simply from the elimination of cheques. In 2014, nearly one billion cheques were written in Canada. Many businesses still use cheques because of the information (e.g. invoices) that can …