Canadian Payment Methods & Trends

The Canadian Payment Methods and Trends report is an annual publication focused on trends in how Canadian consumers and businesses make payments. The report also provides expert insight on key drivers, emerging issues and relevant developments taking place within the Canadian and international payments ecosystem.

Surge in electronic payments – representing around 77 per cent of all transactions, reports Payments Canada

November 17, 2020
Summary Payments Canada is pleased to present the Canadian Payments: Methods and Trends (CPMT) 2020 report. Through the CPMT, Payments Canada is able to compile data for its member financial institutions and share knowledge with the larger payments... Read more about Surge in electronic payments – representing around 77 per cent of all transactions, reports Payments Canada

Canadians rapidly adopting new payments channels

December 4, 2019
Summary Payments Canada is pleased to present the 2019 Canadian Payment Methods and Trends (CPMT) Report . Through the CPMT, Payments Canada is able to compile data for its member financial institutions and share knowledge with the larger payments... Read more about Canadians rapidly adopting new payments channels

Canadian demands for speed and convenience influencing payments innovation

December 10, 2018
Payments Canada’s 2018 Methods and Trends Report explores new trends in how Canada pays OTTAWA, December 10, 2018 - Canadian businesses and households are ready for better payment options, according to new data from Payments Canada. The organization... Read more about Canadian demands for speed and convenience influencing payments innovation

Canadians motivated by convenience and rewards when it comes to payment choices

December 14, 2017
Payments Canada’s 2017 Methods and Trends Report shows credit cards leading the pack, the rise of mobile / online banking and the advent of social media payments OTTAWA, December 14, 2017 – Convenience and rewards are the dominant themes in this... Read more about Canadians motivated by convenience and rewards when it comes to payment choices

Canadian Payment Methods and Trends Report finds cash is king, for now

November 16, 2016
Need for fast, flexible and secure payments system drives Modernization in Canada Ottawa, ON – (November 16, 2016) – Payments Canada has released new research that reveals the changing payment behaviours of Canadian consumers and businesses. The... Read more about Canadian Payment Methods and Trends Report finds cash is king, for now

Canadian Payment Methods and Trends: 2015

December 18, 2015
As part of its second Payment Methods and Trends Report, the Canadian Payments Association (CPA) gathered 2014 retail payments data from payment service providers, consultants, and researchers from the Bank of Canada. This data helped form a... Read more about Canadian Payment Methods and Trends: 2015

Examining Canadian Payment Methods and Trends - Report

October 1, 2012
Earlier in 2012, the CPA invited Canada’s payment service providers, financial institutions, and payment researchers and consultants to participate in a payments data exchange, to obtain a comprehensive look at retail payments in Canada in 2011. To gauge the evolution of payments over recent years, the data was compared to data gathered from 2008, revealing several interesting trends. Read more about Examining Canadian Payment Methods and Trends - Report