The value of contactless payments made by Canadian consumers increased by around C$30bn (US$22.8bn) in 2015, on the back of more than 1.2bn transactions, Technology Strategies International reveals... More
The number of contactless transactions conducted in Canada has increased by almost 150% over the past year, fuelled in part by the rapid roll-out of Interac Flash cards, research from Technology Strategies International shows. “The mobile payments landscape in Canada will change dramatically within the next five years, with about two thirds of the smartphones in Canada having NFC capability by 2019,” the company adds... More
By 2016 almost 80% of the smartphones in Canada will be NFC-enabled, “providing a solid foundation for the uptake of mobile contactless payments”, according to Canadian Payments Forecast — 2012, a new report from TSI... More
A new survey has found that a third of Canadians would use a mobile wallet if it was provided to them by their bank — but there is less interest in mobile wallets provided by other potential types of issuer. More
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