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Commonly used payment methods for holiday purchases in Canada 2020

During 2020's holiday season, two-thirds of Canadian consumers are expected to pay with credit when making holiday shopping purchases. Other payment methods that are projected to be used frequently include debit and cash. In contrast, options such as mobile or digital wallets and loyalty points are not likely to be utilized as often.

Common ways to pay among Canadian consumers during the holidays in 2020, by payment method

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Source

Release date

October 2020

Region

Canada

Survey time period

September 2020

Number of respondents

over 1,000

Supplementary notes

The source specifies that figures have been rounded.

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Statistics on "Holiday season shopping in Canada"

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