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… published on innovatingcanada.ca on October 2, 2026. Author Donna Kinoshita Chief Payments Officer, Payments … In 2025 alone, our systems safely cleared and settled $103 trillion — averaging more than $411 billion every business day. The continued safety, …
… Credit and debit card transactions combined made up 68 per cent of total payment volume, up from 63 per cent five years ago. E-commerce transactions accounted … card transactions grew seven per cent year-over-year to 11.6 billion. The total value of these transactions rose …
… In 2023, Payments Canada delivered data-rich, high-value payments … Canada reaches 26.7 billion retail payment transactions totalling $12.9 … transactions in 2024, with credit cards accounting for 1 in 3 transactions. … Canada reaches $11.9 trillion in retail payment transactions with 21.7 …
… the forthcoming Real-Time Rail. OTTAWA, ON — October 1, 2026: Payments Canada announced today the approval of 6 new … to safely exchange instant, data-rich payments, 24/7/365. With its initial capabilities at launch, the RTR is … cleared and settled $103 trillion in 2025 — more than $411 billion every business day. Transactions that pass …
… that govern these systems, which cleared and settled $103 trillion in 2025 — more than $411 billion every business day. Transactions that pass …