+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Debit Cards in Canada

  • PDF Icon

    Report

  • 19 Pages
  • November 2023
  • Region: Canada
  • Euromonitor International
  • ID: 2398464
Description Jump to:
Canada's labour force shortage has placed mounting pressure on smaller businesses. Traditional checkouts are giving way to efficiency as s retailers scramble to optimise checkout speeds, and there is a growing trend of merchants leaning into contactless debit transactions. As well as trimming down queues, the move towards contactless also means opening doors for the cash-averse clientele, consequently inflating sales.

The Debit Card Transactions in Canada report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Commercial Debit Card Transactions, Personal Debit Card Transactions.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Debit Card Transactions market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

DEBIT CARDS IN CANADAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Labour shortages accelerate shift to contactless transactions
  • Canadians lured by debit card rewards
  • Credit crunch fuelling debit dominance for new businesses
PROSPECTS AND OPPORTUNIITES
  • Digital verification bolsters consumer confidence in online debit transactions
  • Credit card pressures to continue supporting growth in debit cards as cashless payments continue to rise
  • Business will see greater tech-riven debit growth
CATEGORY DATA
  • Table 1 Debit Cards: Number of Cards in Circulation 2018-2023
  • Table 2 Debit Cards Transactions 2018-2023
  • Table 3 Debit Cards in Circulation: % Growth 2018-2023
  • Table 4 Debit Cards Transactions: % Growth 2018-2023
  • Table 5 Debit Cards: Number of Cards by Issuer 2018-2022
  • Table 6 Debit Cards: Number of Cards by Operator 2018-2022
  • Table 7 Debit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 8 Debit Cards Payment Transaction Value by Operator 2018-2022
  • Table 9 Forecast Debit Cards: Number of Cards in Circulation 2023-2028
  • Table 10 Forecast Debit Cards Transactions 2023-2028
  • Table 11 Forecast Debit Cards in Circulation: % Growth 2023-2028
  • Table 12 Forecast Debit Cards Transactions: % Growth 2023-2028
FINANCIAL CARDS AND PAYMENTS IN CANADA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • What next for financial cards and payments?
MARKET INDICATORS
  • Table 13 Number of POS Terminals: Units 2018-2023
  • Table 14 Number of ATMs: Units 2018-2023
  • Table 15 Value Lost to Fraud 2018-2023
  • Table 16 Card Expenditure by Location 2023
  • Table 17 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
  • Table 18 Domestic versus Foreign Spend 2023
MARKET DATA
  • Table 19 Financial Cards by Category: Number of Cards in Circulation 2018-2023
  • Table 20 Financial Cards by Category: Number of Accounts 2018-2023
  • Table 21 Financial Cards Transactions by Category: Value 2018-2023
  • Table 22 Financial Cards by Category: Number of Transactions 2018-2023
  • Table 23 Consumer Payments by Category: Value 2018-2023
  • Table 24 Consumer Payments by Category: Number of Transactions 2018-2023
  • Table 25 M-Commerce by Category: Value 2018-2023
  • Table 26 M-Commerce by Category: % Value Growth 2018-2023
  • Table 27 Financial Cards: Number of Cards by Issuer 2018-2022
  • Table 28 Financial Cards: Number of Cards by Operator 2018-2022
  • Table 29 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
  • Table 30 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
  • Table 31 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
  • Table 32 Forecast Financial Cards by Category: Number of Accounts 2023-2028
  • Table 33 Forecast Financial Cards Transactions by Category: Value 2023-2028
  • Table 34 Forecast Financial Cards by Category: Number of Transactions 2023-2028
  • Table 35 Forecast Consumer Payments by Category: Value 2023-2028
  • Table 36 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
  • Table 37 Forecast M-Commerce by Category: Value 2023-2028
  • Table 38 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources

Related Topics

Related Reports

Debit Card Global Market Report 2024 - Product Image

Debit Card Global Market Report 2024

  • Report
  • 175 Pages
  • Global
From
Debit Card Program Management Platform Market Analysis - Product Image

Debit Card Program Management Platform Market Analysis

  • Report
  • 35 Pages
  • Global
From
Prepaid Credit & Debit Card Providers in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029) - Product Image

Prepaid Credit & Debit Card Providers in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

  • Report
  • 77 Pages
  • United States
From
Credit & Debit Card Issuing (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2030 - Product Image

Credit & Debit Card Issuing (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2030

  • Report
  • 59 Pages
  • United States
From
U.S. Credit & Debit Card Issuing: Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2030 - Product Image

U.S. Credit & Debit Card Issuing: Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2030

  • Report
  • 60 Pages
  • United States
From

About the Debit Cards Market

The Debit Cards market is a financial services sector that provides customers with access to their bank accounts through the use of a debit card. Debit cards are typically issued by banks and other financial institutions, and allow customers to make purchases and withdraw cash from their accounts without having to write a check or carry cash. Debit cards are also used to make online payments, and are accepted at most retailers and online stores. Debit cards are becoming increasingly popular as a payment method, as they offer convenience and security. They are also more cost-effective than credit cards, as they do not require customers to pay interest or annual fees. Additionally, debit cards are often accepted at more locations than credit cards, making them a more versatile payment option. Some of the major companies in the Debit Cards market include Visa, Mastercard, American Express, Discover, and UnionPay. These companies offer debit cards to customers, as well as other financial services such as credit cards, prepaid cards, and online banking. Show Less Read more

Copyright © 2002-2024 Research and Markets. All Rights Reserved.