Annual debit card spending in Canada 2012-2022, in local currency and USD
the second-most popular in-store payment method in Canada for several years, although its market share remained relatively stable over time. Mobile wallets, on the other hands, grew increasingly more important in the retail transaction space in the country.
The value of payments made with debit cards in Canada grew by nearly 10 percent in 2021, a recovery from the decline in 2020. Debit cards rank as