There were over 540 million online transfer transactions in Canada in 2019, which was a year-on-year increase of more than 25 percent. According to the source, this marked a significant increase in e-wallet and P2P payment methods - including PayPal - from previous years. For instance, in 2015 around 120 million transactions were made. These figures exclude excluding transactions based on credit and debit cards.
Number of online e-wallet and P2P payment transactions in Canada from 2008 to 2019
(in millions)
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Number of online e-wallet and P2P payment transactions in Canada from 2008 to 2019
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Payments Canada. (November 17, 2020). Number of online e-wallet and P2P payment transactions in Canada from 2008 to 2019 (in millions) [Graph]. In Statista. Retrieved April 26, 2025, from https://www.statista.com/statistics/685197/e-wallet-and-p2p-transaction-number-canada/
Payments Canada. "Number of online e-wallet and P2P payment transactions in Canada from 2008 to 2019 (in millions)." Chart. November 17, 2020. Statista. Accessed April 26, 2025. https://www.statista.com/statistics/685197/e-wallet-and-p2p-transaction-number-canada/
Payments Canada. (2020). Number of online e-wallet and P2P payment transactions in Canada from 2008 to 2019 (in millions). Statista. Statista Inc.. Accessed: April 26, 2025. https://www.statista.com/statistics/685197/e-wallet-and-p2p-transaction-number-canada/
Payments Canada. "Number of Online E-wallet and P2p Payment Transactions in Canada from 2008 to 2019 (in Millions)." Statista, Statista Inc., 17 Nov 2020, https://www.statista.com/statistics/685197/e-wallet-and-p2p-transaction-number-canada/
Payments Canada, Number of online e-wallet and P2P payment transactions in Canada from 2008 to 2019 (in millions) Statista, https://www.statista.com/statistics/685197/e-wallet-and-p2p-transaction-number-canada/ (last visited April 26, 2025)
Number of online e-wallet and P2P payment transactions in Canada from 2008 to 2019 (in millions) [Graph], Payments Canada, November 17, 2020. [Online]. Available: https://www.statista.com/statistics/685197/e-wallet-and-p2p-transaction-number-canada/
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