2018 merchant acceptance survey / by Kim P. Huynh, Gradon Nicholls and Mitchell W. Nicholson. : FB3-7/2019-31E-PDF

"In 2015, the Bank of Canada surveyed merchants and found that cash was nearly universally accepted (Fung, Huynh and Kosse 2017). Since 2015, retail payments in Canada have become increasingly digitalized, as many Canadians have adopted digital payment innovations like contactless cards and Interac e-Transfer. This trend prompted us to ask the question: what share of Canadian merchants still accept cash? The Bank of Canada’s 2018 Merchant Acceptance Survey (MAS) was designed to study the acceptance of payment methods by small and medium-sized businesses (SMBs) in Canada. In this paper, we discuss the survey’s design, methodology and findings, and compare our results with the findings from 2015. Our results show that cash remains accepted by 96 percent of SMBs in Canada and that only 8 percent of SMBs report plans to stop accepting cash within the next five years"--Abstract, page ii.

Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.882841&sl=1

Renseignements sur la publication
Ministère/Organisme Bank of Canada.
Titre 2018 merchant acceptance survey / by Kim P. Huynh, Gradon Nicholls and Mitchell W. Nicholson.
Titre de la série Staff analytical note = Note analytique du personnel, 2369-9639 ; 2019-31
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Format Électronique
Document électronique
Note(s) Title from cover.
Includes bibliographical references (page 11).
Includes abstract in French.
Information sur la publication Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2019.
©2019
Auteur / Contributeur Huynh, Kim P., 1974- author.
Description 1 online resource (ii, 11 pages) : colour charts.
Numéro de catalogue
  • FB3-7/2019-31E-PDF
Descripteurs Cash transactions -- Canada.
Electronic funds transfers -- Canada.
Opérations au comptant -- Canada.
Transferts électroniques de fonds -- Canada.
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