Canadian payment data for 2024
For details please see the 2025 Canadian Payment Methods and Trends (CPMT) report and view the accompanying fact sheet.
*Average transaction size
CHEQUES AND PAPER
Value: $2.7 T
Volume: 340 M
Average*: $7,978
DEBIT
Value: $302 B
Volume: 6.7 B
Average*: $45
ELECTRONIC FUNDS TRANSFER (EFT)
Value: $7.2 T
Volume: 3.2 B
Average*: $2,279
CONTACTLESS PAYMENTS
Value: $567 B
Volume: 13 B
Average*: $29
PREPAID/PREFUNDED
Value: $25 B
Volume: 368 M
Average*: $69
CREDIT CARD
Value: $782 B
Volume: 7.5 B
Average*: $105
ONLINE TRANSFERS
Value: $568.6 B
Volume: 1.5 B
Average*: $383
CASH
Value: $67.9 B
Volume: 2.5 B
Average*: $27
