Canadian Consumer Payments Survey, 2024

Canadian Consumer Payments Survey, 2024



The payments world has been upended over the last four years as a result of the pandemic, the wars in Ukraine and the Middle East, supply chain challenges, high inflation, high interest rates, and looming prospects for an economic slowdown. These developments have affected, and will continue to affect what Canadian consumers spend their money on, and how they make their purchases.

Canadian Consumer Payments Survey, 2024, a primary tracking research study conducted online among 2,000+ online adult Canadians, examines the attitudes, payments behaviour and preferences of Canadian consumers across all major payment modalities, looking at the current situation and what consumers expect as the economy faces recession. It provides subscribers with the essential insights into consumer payments in Canada, critical to effective business planning and product development in this turbulent environment.

A strategic resource for payment professionals, Canadian Consumer Payments Survey, 2024 is an essential companion to Canadian Payments Forecast, 2024.

Now in its tenth year of publication, this new report from Technology Strategies International Inc. will provide in-depth insights into consumer payment trends and dynamics in Canada.

About the report

Report Publication date: August 2024

Number of pages: 127 pages of analysis with 120 charts and 40 tables (wide format)

Comprehensive set of data tables included with subscription (3 sets of banners)

Data tables available in April 2024

Methodology:

Online research

Canadians aged 18 and over

Nationally balanced sample

Sample size, n=2,000+

Fieldwork conducted in April 2024


Introduction
Background and Objectives
How did we do it? – Methodology
Significance Testing
Sample Profile
Detailed Findings
Payment Preferences
Bank Branch and ABM Visits
Cash Withdrawals and Usage
Cheque payments
Debit, including Visa and MasterCard Debit Ownership and Usage
Credit Card
Contactless Payments
Mobile Payments
Online Purchases and Payments
Buy Now, Pay Later (BNPL)
Wearable Payments
Online Bill Payments
Preauthorized Payments
Prepaid Cards
Gift Cards
Loyalty Redemption Payments
P2P Payments
International Remittances
Cryptocurrencies

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings