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… of small businesses do fewer than 25 per cent of their transactions in cash but still feel obligated to accept it  … surveyed are conducting fewer than 25 per cent of their transactions in cash, compared to 65 per cent in 2018. The … by owning and operating Canada’s payment clearing and settlement infrastructure, including associated systems, …

… Institution participants have ensured that financial transactions in Canada are carried out safely and securely … Payments Canada: Payments Canada ensures that financial transactions in Canada are carried out safely and securely … by owning and operating Canada’s payment clearing and settlement infrastructure, including associated systems, …

… In 2021 there were 546 million fewer cheque and paper items exchanged than in 2014, a decline of 57 per cent, while digital payment options such as credit card transactions and electronic funds transfers increased by 42 … cent) as the most secure option for authenticating payment transactions. Fingerprint scanning is also widely considered …

… infrastructures and to providing payments clearing and settlement services to its member financial institutions. … by providing safe, efficient and effective clearing and settlement of payments, which totaled $44.9 trillion in … made by Canadians and businesses involving inter-bank transactions, including those made via debit cards, …

… important payment system under the Payment Clearing and Settlement Act , Lynx will process large value, … time-critical payments (i.e. wire payments) with real-time settlement finality and will provide enhanced cyber security … $107 trillion—more than $420 billion every business day. Transactions that pass through these systems include debit …