John Winchcombe
Editor
Wednesday, April 24, 2024
Categories
Cash Usage
Cash Use Stable in Canada
The Bank of Canada (BOC) carries out regular Methods of Payment (MOP) surveys to measure payment method adoption, use at the point of sale (POS) and perceptions about payment methods. This helps the BOC with its management of banknotes and understanding of digital currencies and may help with its work on a possible Central Bank Digital Currency (CBDC).
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