Canada Payments Industry Outlook 2022 - 2026

See how Canada Payments performed compared to key markets such as China, the United States and the United Kingdom.

Key Market Indicators

Canadian payment transactions are estimated to reach $5.11 trillion by 2026, falling slightly from $5.25 trillion in 2021. This is due to an average annual decrease of 0.2%. Since 2012, demand has grown by an average of 1.2% each year. Canada was ranked 17th in 2021, with South Africa coming in ahead of them at $5.25 trillion. The US, UK and Germany followed in second, third and fourth place respectively. The number of payment terminals in Canada is expected to reach 15.89 million units by 2026, up from 14.55 million in 2021. This is due to an average annual growth of 1.7%. Since 2012, the supply has increased by an average of 2.9% each year. Canada was in 10th place in 2021, with India surpassing them at 14.55 million units. China, Brazil and the UK followed in second, third and fourth place respectively.

Canada Payments Market Data and Forecasts

Canada Payments : how will it grow in the coming years?

Forecast: Number of Cards with a Payment Function in Canada
Forecast: Value of Payments by Cards with a Credit Function in Canada
Forecast: Value of Payments by Cards with a Debit Function in Canada
Forecast: Number of Payments by Cards with a Credit Function in Canada
Forecast: Number of Payments by Cards with a Debit Function in Canada
Forecast: Number of ATMs (Automated Teller Machines) in Canada
Forecast: Number of POS Terminals in Canada
Forecast: Number of Payments by Cards with a Debit Function in Canada
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