T8: Volume of transactions processed by selected payment systems
(millions, unless otherwise stated; total for the year)
«Canada»
 Year
« ‹ 2021 › »
 2017 2018 2019 2020 2021
Large-value payment systems
Lynx
Total gross volume 199101012
Breakdown of 'total gross volume' by instrument type
Credit transfers99101012
Direct debitsnapnapnapnapnap
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Partial breakdown of 'total gross volume'
Of which: volume of settlement in the PS in question for other PSsnavnavnavnavnav
Breakdown of 'volume of settlement in the PS in question for other PSs'
 by PS whose transactions are settled
Concentration ratio in terms of volume (%)80.5779.9279.3279.2377.53
Retail payment systems
Automated Clearing Settlement System
Total gross volume 27,4457,9908,1388,2298,420
Breakdown of 'total gross volume' by instrument type
Credit transfers 31,3881,4291,4591,2551,621
Direct debits 48729189429701,013
Cheques551501444444354
Card and e-money payments 54,6714,9595,1215,4065,327
Other payment instruments 6189183172154105
Number of netting cycles1napnapnapnap
Interac e-Transfer
Total gross volume241371511764960
Breakdown of 'total gross volume' by instrument type
Credit transfersnapnapnapnapnap
Direct debits241371511764960
Chequesnapnapnapnapnap
Card and e-money paymentsnapnapnapnapnap
Other payment instrumentsnapnapnapnapnap
Number of netting cyclesnapnapnapnapnap
 1 Figures exclude on-us transactions. 2 Figures exclude on-us transactions. Data has been revised from previous editions to reflect a change in reporting methodology. 3 Bill payments initiated at ATMs, bank tellers, over the phone or internet, AFT credits and EDI. 4 AFT debits and payments and refunds for goods and services initiated online. 5 POS debits and refunds, e-money payments nap. 6 ATM transactions, CSB, and Bonds and Coupons.