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The Bank of Canada’s 2009 Methods-of-Payment Survey: Methodology and Key Results

Carlos Arango () and Angelika Welte ()

Discussion Papers from Bank of Canada

Abstract: The authors present the methodology and main findings of the Bank of Canada’s 2009 Methods-of-Payment survey, a detailed investigation of consumer payment behaviour in Canada. The survey targeted the 18- to 75-year-old Canadian resident population. During November 2009, participants answered a questionnaire about their demographics, personal finance, and payment instrument habits and perceptions. Of the 6,868 questionnaire respondents, about half also completed a 3-day shopping diary, recording close to 16,000 shopping transactions. The survey gives a detailed account of Canadians’ cash management habits and payment instrument choices and provides important clues into the reasons why Canadians pay the way they do.

Keywords: Bank notes; Financial services; Payment clearing and settlement systems (search for similar items in EconPapers)
JEL-codes: E4 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2012
New Economics Papers: this item is included in nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:bca:bocadp:12-6

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