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Sector Analysis
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Canada Cards and Payments – Opportunities and Risks to 2026
Canada Cards and Payments Market Report Overview The Canada cards and payments market was valued at $744.8 billion in 2022 and is expected to achieve a CAGR of more than 6% from 2022-2026. The proliferation of digital-only banks has helped drive competition in the banking space, thus boosting debit card holding. Furthermore, contactless technology is gaining prominence in Canada, with banks and scheme providers increasingly promoting this technology. Canada Cards and Payments Market Outlook, 2022-2026 ($ Billion) To gain more...
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Company Insights
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Walmart Inc – Digital Transformation Strategies
Walmart Inc. (Walmart) has been focusing on using artificial intelligence, cloud, big data, and Internet of Things (IoT) to digitally transform its operations. The annual ICT spending of Walmart was estimated at $16.1 billion for 2022. A major share of this spending is earmarked for acquiring software, ICT services and hardware from vendors. Walmart is a retailer that operates grocery stores, supermarkets, hypermarkets, department and discount stores, and neighborhood markets. The company’s stores offer grocery and consumables, health and wellness,...
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Sector Analysis
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Payments Landscape in Canada: Opportunities and Risks to 2022
GlobalData’s "Payments Landscape in Canada: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Canadian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2014-18e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during...
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Analyst Opinions
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Consumer Payments Country Snapshot: Norway 2016
The card reigns supreme in Norway, with only 6% of the population using cash on a daily basis and most possessing a minimum of two payment cards. And although the market is one of the most mature in the world, further growth is expected for both pay-now and pay-later cards.
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Sector Analysis
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Debit Cards Usage Analytics by Card Scheme (INTERAC-VISA): Canada
Debit Cards Usage Analytics by Card Scheme (INTERAC-VISA): Canada; is an exhaustive research report outlaying Debit Cards usage in Canada. The report provides year on year statistics on Average Transaction Value, Frequency of Use, Number of Transactions, and Turnover per card, Cards Issued and more by Card Scheme / Association covering INTERAC and VISA CARD.
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Sector Analysis
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Consumer Payments Country Snapshot: Canada 2016
In spite of being a highly mature market, Canada provides increasing opportunities for digital and mobile payment providers to develop innovation. Canada is a developed payment card market due to its robust economy and high level of card penetration. While the market has a high level of competition between existing payment providers, there is an opportunity for alternative payments providers to promote digital and mobile channels by highlighting their use cases and advantages over traditional payment tools in order to...
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Sector Analysis
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The Cards and Payments Industry in Canada: Emerging Trends and Opportunities to 2021
GlobalData’s 'The Cards and Payments Industry in Canada: Emerging Trends and Opportunities to 2021' report provides detailed analysis of market trends in the Canadian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debits, check payments, payment cards and cash transactions during the review period (2012–2016). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of...
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