It was a year unlike any other, and it showed with the ups and downs of Canadian spending during 2020. From contactless payments to emerging categories, businesses and consumers alike were able to adapt to our new normal in some surprising ways.
That’s a wrap on our year of pandemic spending! From larger transaction sizes to embracing contactless payments, Canadians were able to adapt in a year that was anything but ordinary.
Moneris spending reports measure spending in Canada across a range of categories by analyzing credit and debit card transaction data. The figures and percentages cited are derived from aggregated transaction volumes being processed by Moneris in the applicable categories, as compared to transaction volume from the prior year unless otherwise stated
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