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Canadian Payments Forecast Report 2021: Penetration and Acceptance of Emerging Payment Technologies and How They Will Shape Post-Pandemic Era Payments -
[May 13, 2021]

Canadian Payments Forecast Report 2021: Penetration and Acceptance of Emerging Payment Technologies and How They Will Shape Post-Pandemic Era Payments -

The "Canadian Payments Forecast, 2021" report has been added to's offering.

The COVID-19 pandemic has seen drastic changes to the performance of the Canadian economy, and dramatic shifts in consumer spending and payment habits. The rapid shift away from cash to contactless payments, and the substantial increase in online shopping, are set to become permanent features of the Canadian consumer payments scene, especially given the extension of the pandemic into 2021. But the planned rollout of a vaccine, which promises an end to the pandemic, is likely to see Canadians far more optimistic about their economic future than just one year ago.

Canadian Payments Forecast, 2021 will provide detailed insights into how the unprecedented developments in the Canadian economy brought about by responses to the COVID-19 pandemic have affected consumer payments in Canada, and how this is likely to play out in the coming years in the context of new technologies, business models and fintechs that are instrumental in shaping this future.

Drawing on survey research from more than 2,000 Canadian consumers, Canadian Payments Forecast, 2021 is a critical strategic resource for payment professionals, providing essential in-depth insights and forecasts across all consumer payment modalities to facilitate effective strategic planning and product development in the wake of te pandemic.

Canadian Payments Forecast, 2021 provides an in-depth analysis of each of the major consumer payments segments in the Canadian market. Detailed five-year forecasts are presented on consumer payments and related acceptance infrastructure. Payment types included in the report:

Payment types included in the report:

  • Cash
  • Cheques
  • Debit cards
  • Credit cards
  • Contactless payments
  • Mobile payments
  • Online purchases
  • Preauthorized payments
  • Bill payments
  • Prepaid cards
  • Gift cards
  • P2P payments
  • International remittances
  • Virtual currencies

Included in this year's comprehensive update of the report:

  • In-depth analysis on prospects for the Canadian economy, personal consumption expenditure, and the retail sector as Canada moves out of an environment dominated by the pandemic
  • Analysis and forecast for each major consumer payment segment in the wake of developments in the Canadian economy
  • An in-depth assessment of the penetration and acceptance of emerging payment technologies and how these will shape the post-pandemic era in payments
  • Key Indicator tables for all major payment modes

Key Topics Covered:



  • Objectives
  • Methodology
  • Forecasts
  • Currency
  • Some Notes on this Year's Report
  • Document Navigation
  • Acknowledgments
  • List of Abbreviations


  • The Canadian Economy
  • Cash
  • Cheques
  • Debit
  • Credit Cards
  • Contactless
  • Mobile
  • Online
  • Bill Payments and Transfers
  • Wearable Payments
  • Prepaid Cards (Payment Brands)
  • Gift Cards
  • Person-to-Person (P2P) Payments
  • International Remittances
  • Virtual Currencies
  • Consumer Payments in Perspective

For more information about this report visit

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