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Daily Archives: January 6, 2021

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Payments Canada sees record growth in electronic payments

Blog, Ecommerce, Online shoppingBy TeamLMJanuary 6, 2021

  In a report by Payment Canada, looking at spending habits of Canadians in 2019/2020, contactless, ecommerce and in-app purchases have risen drastically Analysing the 22 billion transactions made in 2019, which totalled C$9.9 trillion, it saw a drastic rise in online payments, with predictions that the further growth of ecommerce in 2020 will see…

New PayPal study shows acceleration of ecommerce among small Canadian businesses

Blog, Ecommerce, Ecommerce Business, Online shoppingBy TeamLMJanuary 6, 2021

  A study conducted by PayPal has shown the rapid rate of ecommerce growth in Canada and how it has accelerated with small businesses across the country Titled ‘Business of Change: PayPal Canada Small Business Study’, the findings show that two in three (67%) surveyed accept payment online, and just under half (47%) have only…

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