2025 Methods-of-Payment Survey Report: Cash in an Increasingly Digital and Mobile Economy

Marie-Helene Felt, Saika Pacouloute and Angelika Welte

No 2026-36, Staff Analytical Papers from Bank of Canada

Abstract: The Methods-of-Payment (MOP) survey provides key insights into Canadians’ cash management and payment behaviour. In 2025, more than three in four adults report keeping cash on hand. Perceptions of cash remain positive and stable, and most Canadians do not plan to stop using it. At the same time, several indicators in the 2025 data suggest that patterns of cash use may be changing. Contactless card payments dominate in-person payments, with growing use of mobile devices.

Keywords: Money and payments; Cash and bank notes; Retail payments (search for similar items in EconPapers)
JEL-codes: D D8 D83 E E4 E41 (search for similar items in EconPapers)
Date: 2026-08
New Economics Papers: this item is included in nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:bca:bocsap:26-36

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