Table 5
Payment methods as a proportion of total personal spending, from July 2017 to June 2018
Digital payment methods1 | Cash or cheque | Other2 | |
---|---|---|---|
proportion of total personal spending (%) | proportion of total personal spending (%) | proportion of total personal spending (%) | |
Total population 18 years and older | 76 | 21 | 3 |
Age | |||
18 to 24 years | 75 | 21 | 4E |
25 to 34 years | 79 | 18 | 2 |
35 to 44 years | 80 | 17 | 3 |
45 to 54 years | 79 | 18 | 3 |
55 to 64 years | 74 | 23 | 3 |
65 years and older | 68 | 30 | 2 |
Gender | |||
Men | 77 | 21 | 3 |
Women | 75 | 22 | 3 |
Personal annual income | |||
Less than $40,000 | 71 | 27 | 3 |
$40,000 to less than $70,000 | 80 | 18 | 3 |
$70,000 to less than $100,000 | 82 | 16 | 2 |
$100,000 and over | 83 | 14 | 3 |
E
use with caution
Source(s):
Digital Economy Survey (5265).
Table note 1
Digital payment methods includes the use of credit or debit cards, online banking, automatic payments and withdrawals, e-transfers etc.
Table note 2
Other payment methods includes the use of reward points (for example, Air Miles, PC Optimum, Canadian Tire Money), gift cards and cryptocurrencies (for example, Bitcoin)
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