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Canadian Payments Forecast - 2020 - ResearchAndMarkets.com

March 3, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Mar 3, 2020--

The “Canadian Payments Forecast, 2020” report has been added to ResearchAndMarkets.com’s offering.

Canadian Payments Forecast, 2020 is a 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.

New this Year:

In 2020 the analyst will be initiating the tracking of the following areas in our Canadian Consumer Payments Survey:

  • Wearable payments (smartwatches, fitness trackers)
  • Loyalty redemption payments
  • Connected payments (IoT, smart speakers, etc.)

Analysis of data from this survey will be included in the Canadian Payments Forecast, 2020.

Overview

The Canadian payments landscape is undergoing fundamental changes as new technologies vie for the attention of consumers. Consumer shopping and payment behaviour is changing as a result of the convenience and functionality offered by smart devices and a ubiquitous internet connection. Mobile payments are starting to make an impact on the Canadian market, while other forms of connected payments are entering consumer consciousness. With unprecedented activity in the FinTech space, payments in Canada are likely to be transformed within the next few years.

Canadian Payments Forecast, 2020 examines the Canadian consumer payments market in the context of developments in the Canadian economy and the fundamental shifts taking place in technology. Now in its 10th year of publication, this report will provide an in-depth analysis of each of the major consumer payments 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

New this Year:

  • Wearables
  • Loyalty Redemption
  • Connected payments (IoT)

Included in this year’s comprehensive update of the report:

  • In-depth analysis of prospects for the Canadian economy, personal expenditure, and the retail sector
  • Analysis and forecast for each major consumer payment segment
  • An in-depth assessment of the penetration and acceptance of emerging payment technologies
  • 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.

Methodology:

  • Desk research
  • Executive interviews
  • Excerpts from our 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:

  • Executive Summary
  • Introduction and Methodology
  • The Canadian Economy
  • Prospects for Consumer Payments in Canada
    • Cash
    • Cheques
    • Debit cards
    • Credit cards
    • Contactless payments
    • Mobile payments
    • Online payments
    • Wearable payments
    • Connected payments
    • Loyalty redemption payments
    • Bill payments and transfers
    • Preauthorized payments
    • Prepaid cards
    • Gift cards
    • P2P payments
    • International Remittances
    • Virtual Currencies
  • Fraud
  • Consumer Payments in Perspective

For more information about this report visit https://www.researchandmarkets.com/r/l9t2na

View source version on businesswire.com:https://www.businesswire.com/news/home/20200303005887/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 03/03/2020 01:40 PM/DISC: 03/03/2020 01:40 PM

http://www.businesswire.com/news/home/20200303005887/en