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Canada's Payments Report in 2026: Cards Win the Count, EFT Wins the Value

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Canada's Payments Report in 2026: Cards Win the Count, EFT Wins the Value

The short answer: Payments Canada's 2026 report counted 26.7 billion payments worth $12.9 trillion in 2025. Credit and debit cards made up 68 percent of the count, while electronic funds...

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Expand Beyond Card Acceptance: Acquirer FAQs

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Expand Beyond Card Acceptance: Acquirer FAQs

TLDR: Expanding beyond card acceptance means giving your merchants and ISVs the money movement around the card, under your brand, without rebuilding your acquiring stack. VoPay's embedded finance platform adds...

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Cards Win the Count. Bank Rails Win the Value. Acquirers Need Both.

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Cards Win the Count. Bank Rails Win the Value. Acquirers Need Both.

Key takeaways Every acquirer I meet, in Toronto, Atlanta or Montreal, can tell me its authorization rate to the decimal. Far fewer can tell me how much money their merchants...

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March 26, 2024
Why Use Same-Day ACH To Pay Gig Workers
58 million Americans are independent contractors That means 36% of the US workforce is engaged in some form or another of contract work  With...
March 20, 2024
Build vs Buy? A Playbook for Choosing the Right Payment Solution
Business leaders acknowledge the growing complexity of financial management, especially with the evolution of digital transactions and sophisticated...
March 12, 2024
Product Corner: VoPay ACH Merchant Account -Bank Payments Reimagined
Through VoPay’s expansive network of alternative payment methods, businesses can access their own dedicated ACH Merchant Account for sending and...
March 4, 2024
The Best Way To Send Money: EFT vs Interac e-Transfer® Bulk Payments
The Canadian economy has witnessed a significant volume of transactions through two major payment methods: 3101 million transactions were executed...
February 27, 2024
30 Types of Alternative Payment Methods To Expect in 2024 and Beyond 
In case you have any doubt, this year will mark a big shift in how consumers and businesses handle money Quite possibly one of the biggest we have...
February 21, 2024
ACH Credit & Debit Payments Explained
Did you know that credit card fraud accounted for a staggering $2865 billion in losses globally With the rise of digital transactions and recurring...
February 13, 2024
EFT Bank Payments: A Strategic Choice for Subscription-Based Businesses
Subscription payments, more often than not, get paid by credit cards What if we told you that was about to change Would you believe us  ...
February 5, 2024
The Definitive Guide To ACH Payments: What Are They and How Do They Work?
Known as the dominant retail payment rail in the US, using ACH payments for payouts and collections has become commonplace In fact, 2022 was their...
January 29, 2024
Top Trends That Will Dominate The B2B Payment Landscape In 2024 (Part 2)
Our second installment of the B2B payment trends outlines 4 more must-know trends you can expect to shape the payment landscape this year (check out...
January 25, 2024
Top Trends That Will Dominate The B2B Payment Landscape In 2024 (Part 1)
In 2024, fast-paced advancements in financial technology will reshape the world of payments This two-part series explores key trends shaping this...
January 17, 2024
Case Study: VoPay's Payment Tech Spurs Growth & Donations for GiveWise
In the current fast-paced economic climate, Canadian charities face a dual challenge: an increasing need for services and a worrying decline in...
January 15, 2024
The Complexities Around Money Movement & How To Fix It: A Conversation with VoPay's CEO
Sue Britton, CEO of Firefly Growth and a seasoned expert in the financial sector, engages in an insightful dialogue with Hamed Arbabi, the Founder...
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