Payments Canada

Canada hits $12.2T in payments as credit card use rises

Mario Toneguzzi - October 6, 2025

Payments Canada reports $12.2T in 2024 transactions with digital and contactless methods dominating as credit cards make up one-third of all payments.

Canadians divided on new payment technologies

Mario Toneguzzi - February 24, 2025

There are growing concerns around security, unfamiliarity with new payment systems, and satisfaction with existing technologies, all of which are impacting the adoption of innovations like generative artificial intelligence (GenAI), social commerce, and pay-by-bank.

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