[Research](https://www.payments.ca/insights/news-research?field_article_type=219)

# Canadian payment data for 2023



September 7, 2024

For details please see the 2024 [Canadian Payment Methods and Trends (CPMT) report](https://www.payments.ca/sites/default/files/PaymentsCanada_Canadian_Payment_Methods_and_Trends_Report_2024_En.pdf?utm_source=web&utm_medium=pdf&utm_campaign=cpmtreport&utm_ID=02-10-2024&utm_content=&utm_keyword=) and view the accompanying [fact sheet](https://www.payments.ca/sites/default/files/PaymentsCanada_Canadian_Payment_Methods_and_Trends_Report_2024_FactSheet_En.pdf?utm_source=web&utm_medium=pdf&utm_campaign=cpmtfs&utm_ID=02-10-2024&utm_content=&utm_keyword=).

*\*Average transaction size*



 

   ![cheque icon](/sites/default/files/2022-09/cheques_paper.png) CHEQUES AND PAPERValue: $2.9 T  
Volume: 379 M  
Average\*: $7,568



  



   ![Debit icon](/sites/default/files/2022-09/debit.png) DEBITValue: $302 B  
Volume: 6.6 B  
Average\*: $46



  



   ![Automated banking machines icons](/sites/default/files/2022-09/abm.png) AUTOMATED BANKING MACHINES (ABM)Value: $82.1 B  
Volume: 385 M  
Average\*: $213



  



   ![Electronic funds transfer icon](/sites/default/files/2022-09/electronic_funds_transfer.png) ELECTRONIC FUNDS TRANSFER (EFT)Value: $7.2 T  
Volume: 3.2 B  
Average\*: $2,279



  



   ![Prepaid card icon](/sites/default/files/2022-09/prepaid_cards.png) PREPAID/PREFUNDEDValue: $24 B  
Volume: 349 M  
Average\*: $69



  



   ![Credit card icon](/sites/default/files/2022-09/credit_cards.png) CREDIT CARDValue: $847 B  
Volume: 7.1 B  
Average\*: $119



  



   ![Online payment icon](/sites/default/files/2022-09/online.png) ONLINE TRANSFERSValue: $464 B  
Volume: 1.3 B  
Average\*: $363



  



   ![Cash icon](/sites/default/files/2022-09/cash.png) CASHValue: $62.6 B  
Volume: 2.4 B  
Average\*: $26



  



 



 

 

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