Canadian Payments Reach $12.2 Trillion in 2024

Payment Research | Oct 3, 2025 Digital Payments Dominate as Canadians Move to Contactless, Mobile, and AI Commerce On October 2, 2025, Payments Canada published the 12th edition of their annual Canadian Payment Methods and Trends Report.  Canada processed 22.5 billion transactions worth $12.2 trillion in 2024, with payment activity growing 3% in both volume and

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