Pandemic speeds conversion to cashless society
The COVID-19 pandemic has sped up the adoption of electronic payments among Canadians.
A survey by Payments Canada found that 53% of Canadians had increased their use of debit cards to pay for in-store purchases. With uncertainty about how COVID-19 was being spread, many businesses opted to play it safe and encourage electronic payments.
A survey by Payments Canada found that 53% of Canadians had increased their use of debit cards to pay for in-store purchases. With uncertainty about how COVID-19 was being spread, many businesses opted to play it safe and encourage electronic payments.