In Canada, cash was used for 4.5 billion POS transactions in 2018 (Payments Canada, 2019)

According to the CPMT from Payments Canada, cash accounted for 4.5 billion cash transactions in 2018, worth $92.1 billion (p. 14).

Other key findings include:

In Canada,

• heavy cash users make up 15% of consumers;
• electronic payments account for 73% of all transaction volume;
• average transaction size grew to $468 in 2018, up 22% in 2013;
• cash payments account for 21% of all transaction volume; and
• approximately 4.5 billion cash transactions (worth $92.1 billion) took place in 2018.

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