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flag Canadians prefer credit cards for transactions, but cash still accounts for 18% despite declining use.

flag Canadians are gradually moving away from cash, but it still accounts for 18% of transactions, according to a recent Research Co. study. flag Credit cards lead with 37% of transactions, followed by debit cards (29%), with smartphone payments favored more by younger Canadians. flag The study found that 67% of Canadians faced situations where they had to use cards for small purchases due to a lack of cash. flag Biometric payments are a divisive topic, with 46% in favor and 45% against, and support highest in Quebec and Ontario.

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