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Canada’s Retail Payments Boom: $11.9 Trillion Growing Fast

Canada’s Retail Payments Boom: $11.9 Trillion Growing Fast

Payments Report | Oct 4, 2024 Canada's Retail Payments Surge: $11.9 Trillion in Transactions in 2023 Payments Canada recently published it's 'Canadian Methods and Trends Report 2024' (91 page PDF report; see release).  In 2023, Canada’s retail payments saw 6% growth over the previous year (significant) totalling $11.9 trillion across 21.7 billion transactions. The main takeaway


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