By the Numbers

Summer 2007 CSANews Issue 63  |  Posted date : Aug 07, 2007.Back to list

Banking or debit cards are the ultimate in convenience. More than 34 million banking cards are in circulation among an adult population of 25 million. Canadians love their banking cards, using them more than 3 billion times in 2005. That’s an average of 95 times a second for every hour of every day.

In 2001, consumer tracking research conducted by Interac Association indicated that, for the first time ever, Interac Direct Payment has surpassed cash as Canadian’s preferred way to pay.