Canada

CA · CAN · 124North AmericaCAD C$30 methods

Revised · 1 source

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Between 2023 and 2027, the value of the Canadian e-commerce market will increase from US$66 billion to US$98 billion.

$59 bn

e-commerce spend

37.3M

online population

14%

of total retail

22%

cross-border spend

100%

banked adults

84%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryLeading methodShare

CardVisa52%
E-WalletGoogle Pay27%
Bank TransferTrustly12%
Other—9%
Cash—0%

Methods in use

top 8 of 30 · by spend

MethodTypeShare

All 30 methods in Canada →

Checkout behaviour

Canadians complete a third of all their online purchases using a mobile device, making mobile payment optimization a must.

The average Canadian online shopper spends US$1,745 a year with e-commerce merchants, rising to US$2,500 by 2027.

63%

shoppers buying cross-border

$13B

cross-border value

14%

e-commerce of retail

Facts

ISO 3166: CA · CAN · 124
Region: North America
Population: 38.5M
Currency: CAD C$
Banked adults: 100%
Methods live: 30
Banks covered: 11

Largest banks

Compare with

United States Indonesia Russia Italy

Sources

PPRO

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