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Canada 2020 Payments Forecast Industry - Featuring AliPay, Amazon & American Express Among Others

Research and Markets
·3-min read

Dublin, Oct. 14, 2020 (GLOBE NEWSWIRE) -- The "Canadian Payments Forecast, 2020" 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.

Canadian Payments Forecast, 2020 provides 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, 2020 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 the pandemic.

Canadian Payments Forecast, 2020 provides an in-depth analysis of each of the major consumer payment segments in the Canadian market. Detailed five-year forecasts are presented on consumer payments and related acceptance infrastructure.

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 of the impact of COVID-19 on prospects for the Canadian economy, personal consumption expenditure, and the retail sector

  • Analysis and forecast for each major consumer payment segment in the wake of the pandemic

  • 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

Recognized by industry leaders as the most comprehensive, authoritative, and independent review of the market available in Canada, Canadian Payments Forecast is now in its 10th year of publication. A strategic resource for payment professionals, the report provides essential in-depth planning information for anyone responsible for achieving growth in Canada's payment industry.


  • Desk research

  • Executive interviews

  • Excerpts from primary market research among 2,000 consumers

  • Analysis and insight, based on 30 years of advising clients in the international payments market

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

Companies Mentioned

  • AliPay

  • Amazon

  • American Express

  • Apple


  • Bank of Canada

  • Canadian Bankers Association

  • Conference Board of Canada

  • Ethereum

  • Fitbit

  • Google

  • Interac

  • Lyft

  • MasterCard

  • Payments Canada

  • PayPal

  • Royal Bank of Canada

  • Samsung

  • Starbucks

  • TD Bank

  • Uber

  • UnionPay

  • Visa

  • WeChat

  • Western Union

For more information about this report visit

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CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900