2021 Methods-of-Payment Survey Report

Christopher Henry, Matthew Shimoda and Julia Zhu

No 2022-23, Discussion Papers from Bank of Canada

Abstract: We present results from the 2021 Methods-of-Payment (MOP) Survey, including updated payment shares based on a three-day shopping diary. We highlight long-term trends observed across previous MOP surveys from 2009, 2013 and 2017. We also review patterns of the management and use of cash, the adoption and use of payment cards, and the use of alternative payment methods across different demographic groups. Using other survey and data sources, we provide additional context for these results with respect to the COVID-19 pandemic.

Keywords: Bank notes; Digital currencies and fintech; Financial services; Coronavirus disease (COVID-19) (search for similar items in EconPapers)
JEL-codes: D83 E41 (search for similar items in EconPapers)
Pages: 72 pages
Date: 2022-12
New Economics Papers: this item is included in nep-mon and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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