The Covid-19 pandemic, in Canada and around the world, accelerated trends toward non-cash payments. In this paper, we assess the impact of high-frequency fluctuations in [...]

We use novel datasets from multiple sources to quantify US and Canadian consumers’ net pecuniary costs of making payments across income cohorts. The net costs include mer[...]

In recent years, the rise in digital payments has spurred discussion about the future of cash at the point of sale. The COVID-19 pandemic has also contributed to this dis[...]

This article builds on industry data and a unique dataset of small and medium-sized merchants to provide insights into the acquirer-merchant market in Canada. Three main [...]

Recent data show that the use of credit cards in Canada has been increasing, while the use of cash has been declining. At the same time, only two-thirds of small or mediu[...]

Recent studies find that cash remains the dominant payment choice for small-value transactions despite the prevalence of alternative payment methods such as debit and cre[...]

The authors present the methodology and main findings of the Bank of Canada’s 2009 Methods-of-Payment survey, a detailed investigation of consumer payment behaviour in Ca[...]

Recent studies find that cash remains a dominant payment choice for small-value transactions despite the prevalence of alternative means of payment such as debit and cred[...]