Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/301925 
Year of Publication: 
2024
Series/Report no.: 
Bank of Canada Staff Discussion Paper No. 2024-8
Publisher: 
Bank of Canada, Ottawa
Abstract: 
We present key results from the 2023 Methods-of-Payment (MOP) Survey, including updated payment shares based on a three-day shopping diary. Results show that measures of cash management and use have remained fairly stable since 2020, along with the estimated share of payments made online. In 2023, Canadians increased their adoption of payment alternatives such as mobile apps and Interac e-Transfer. New questions were introduced into the MOP survey instrument in 2023 to measure perceived access to cash from automated banking machines and banks.
Subjects: 
Bank notes
Digital currencies and fintech
Financial services
JEL: 
D83
E41
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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