Content Tag: banks
The third payments study by Canadian Prepaid Providers Organization (CPPO) reveals a 14 percent growth in digital, mobile and prepaid payments over the past two years
Canadian Prepaid Providers Organization (CPPO) second annual payments study reveals a movement towards alternative payment tools and away from traditional banking products for certain occasions and consumers
Toronto, ON – February 6, 2017 – A recent study has found that while 99 per cent of Canadians have a bank account there is a growing interest, especially amongst younger Canadians, to adopt alternative payment tools that they view as more convenient. Prepaid cards continue to grow in both usage and popularity. At the same time, 13 per cent of consumers are using bank accounts less.
Financial Post: Prepaid cards provide a model for partnership between fintech companies and banks