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Canadians’ reliance on their smartphones continues to increase. Interac data reveals a 53% jump in the use of Interac mobile payments in stores and a 17% surge in its use for... read more

The post Canadians leave wallets at home – mobile payments surge appeared first on Payments Cards & Mobile.

Interac says that Canadians have reached a money movement milestone.  Interac e-Transfer usage has crossed a new threshold, reaching more than 1 billion transactions over a 12-month period for the... read more

The post Interac e-Transfers surpasses 1 billion transactions in the last 12 months appeared first on Payments Cards & Mobile.

Tokenisation has become an important component of enabling secure payments in Canada, and the payment networks are using it to extend their reach and control over the payments ecosystem, according... more

The post Tokenisation: A high stakes game for stakeholders appeared first on Payments Cards & Mobile.

In an unusual trend for a developed market, the number of credit card transactions in Canada has exceeded the number of debit purchase transactions for the first time since 1997,... more

The post Credit card transactions overtake debit transactions in Canada appeared first on Payments Cards & Mobile.

Highlighting the differences in regions, a recent study in Canada found that Canadians value their identity highly and want convenience and security when it comes to managing their identity digitally.... more

The post 80% of Canadians count their identity as more valuable than convenience online appeared first on Payments Cards & Mobile.