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Data and insights

Canadian payment data for 2022

For details please see the 2023 Canadian Payment Methods and Trends (CPMT) report.

*Average transaction size

cheque icon CHEQUES & PAPER

Value: $3.2 T
Volume: 405 M
Average*: $8,880
Debit icon DEBIT

Value: $295 B
Volume: 6.3 B
Average*: $47
Automated banking machines icons AUTOMATED BANKING MACHINES (ABM)

Value: $85 B
Volume: 388 M
Average*: $219
Electronic funds transfer icon ELECTRONIC FUNDS TRANSFER (EFT)

Value: $6.9 T
Volume: 3.1 B
Average*: $2,235
Prepaid card icon PREPAID/PREFUNDED

Value: $21.5 B
Volume: 330 M
Average*: $65
Credit card icon CREDIT CARD

Value: $674 B
Volume: 6.8 B
Average*: $99
Online payment icon ONLINE TRANSFERS

Value: $387 B
Volume: 1.1 B
Average*: $346
Cash icon CASH

Value: $60 B
Volume: 2.1 B
Average*: $29
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