{"id":8266,"date":"2025-11-21T11:08:11","date_gmt":"2025-11-21T15:08:11","guid":{"rendered":"https:\/\/geasypay.com\/contactless-payment-in-canada-the-new-standard-for-retailers\/"},"modified":"2025-11-21T11:08:11","modified_gmt":"2025-11-21T15:08:11","slug":"contactless-payment-in-canada-the-new-standard-for-retailers","status":"publish","type":"post","link":"https:\/\/geasypay.com\/en\/contactless-payment-in-canada-the-new-standard-for-retailers\/","title":{"rendered":"Contactless payment in Canada: the new standard for retailers"},"content":{"rendered":"

Contactless payments<\/strong> are radically transforming the Canadian commercial landscape. According to the Canadian Payment Methods and Trends Report 2024<\/a> published by Payments Canada, contactless payments now account for 58% of all transactions carried out in the country. This massive adoption shows that this technology is no longer an option, but a necessity for Quebec and Canadian businesses wishing to remain competitive. <\/p>\n

What is contactless payment?<\/h2>\n

Contactless payment enables customers to pay for their purchases simply by bringing their card or mobile device close to the payment terminal.<\/strong> This technology is based on Near Field Communication, a secure transmission method that exchanges data between two devices located just a few centimetres apart. Modern payment terminals integrate this capability directly into their systems, eliminating the need to physically insert the card or enter a PIN code for amounts below a certain threshold. <\/p>\n

Canadian customers use several types of device to make contactless payments. Bank cards equipped with contactless technology remain the most popular, accounting for 57% of total contactless transaction volume, according to Payments Canada. Smartphones configured with mobile wallets such as Apple Pay or Google Pay are also experiencing impressive growth. Wearable devices such as smartwatches and fitness monitors processed 44 million transactions in 2023, totaling C$1.1 billion. <\/p>\n

Massive adoption of contactless payment in Canada<\/h2>\n

The Canadian market processed 22.5 billion payment transactions in 2024, totalling $12.2 trillion. This 3% growth in volume and value compared to 2023 testifies to the vitality of the sector. Digital payments now account for 86% of total payment volume and 77% of total value, confirming that traditional methods such as cash continue to decline. <\/p>\n

Mobile contactless payments are enjoying particularly impressive growth. Volume reached 3.4 billion transactions in 2024, representing a 28% increase over 2023. Payments Canada forecasts that this volume will reach 5.7 billion by 2028, an increase of 66% over four years. This trajectory demonstrates that Canadian consumers are quick to adopt new payment technologies when they offer convenience and security. <\/p>\n

Data from Payments Canada also reveals that 68% of Canadian smartphone owners have made a payment using their device during a given six-month period. This statistic underlines the importance of retailers offering payment terminals capable of accepting all forms of contactless payment, not just traditional cards. <\/p>\n

The benefits of contactless payment for retailers<\/h2>\n

The main advantage of contactless payment for retailers is the speed of transactions. Customers simply bring their card or device up to the terminal, and the transaction is completed in a matter of seconds. This efficiency becomes particularly valuable during busy periods, enabling more customers to be served in less time. Quebec restaurateurs particularly appreciate this speed during peak lunch and dinner times. <\/p>\n

Reducing queues improves the overall customer experience. Canadian consumers value convenience and speed, and businesses that offer contactless payments respond directly to these expectations. Retailers are finding that customers complete their purchases faster and leave the store satisfied with their seamless experience. <\/p>\n

Hygiene has been an important factor since the COVID-19 pandemic. According to a study by Payments Canada, 53% of consumers have increased their use of contactless payment methods at retail since the start of the pandemic. Customers appreciate not having to physically touch the terminal or handle cash, thus reducing contact and health concerns. <\/p>\n

The security of contactless transactions<\/a> surpasses that of traditional methods. Each transaction generates a unique code that accompanies the payment information. This encrypted code changes with each use, making it virtually impossible to fraudulently reproduce the transaction. The customer’s name, billing address and card verification code are never transmitted during a contactless transaction, offering additional protection for personal data. <\/p>\n

The benefits of contactless payment for customers<\/h2>\n

Canadian consumers are massively embracing contactless payment for its many benefits. Convenience tops the list, as customers no longer need to search for change or enter a PIN code for small amounts. This simplicity speeds up their daily journeys, whether buying a coffee in the morning or groceries in the evening. <\/p>\n

Security reassures users worried about fraud. Contactless credit cards are currently among the most secure payment methods available in Canada. The complex algorithm that generates the unique codes for each transaction effectively protects against information theft. Customers can also monitor their transactions in real time via their bank’s mobile applications, quickly detecting any suspicious activity. <\/p>\n

Tap limits offer additional protection. Many card issuers impose a maximum amount that a quick payment can approve without further verification. If a purchase exceeds this threshold, the cardholder must verify his or her identity with a PIN code. This measure balances convenience and security, particularly for large amounts. <\/p>\n

The versatility of payment options appeals to modern consumers. Younger generations in particular favor mobile wallets. In a 2024 Interac survey, 78% of Generation Z Canadian adults used their smartphones to pay. This preference reflects their comfort with technology and their desire to use payment methods integrated with their everyday devices. <\/p>\n

How do contactless payment terminals work?<\/h2>\n

Modern payment terminals<\/a> incorporate a near-field communication reader that detects the presence of a compatible device. When a customer approaches the terminal with their card or phone, the reader securely accesses the payment information and processes the transaction. This two-way communication takes place in milliseconds, creating an instantaneous experience for the user. <\/p>\n

The Global Payments terminals offered by Geasy Pay all include this cutting-edge technology. Our devices accept contactless cards, mobile wallets such as Apple Pay and Google Pay, as well as handheld devices. This universal compatibility ensures that your business can serve all customers, whatever their preferred payment method. <\/p>\n

Configuring terminals for contactless payment is simple. Our team at Geasy Pay installs and configures your devices, tests all functionalities and trains your staff. Interac machines are designed for intuitive use, minimizing the learning curve for your employees. <\/p>\n

Contactless payment costs<\/h2>\n

Some Quebec merchants are concerned about contactless payment processing fees. The fee structure<\/a> varies according to transaction type and service provider. For debit card payments, fees may differ slightly between contact and contactless transactions. Quebec restaurateurs in particular need to consider these costs in their financial planning. <\/p>\n

The Canadian government has established protections for merchants. The Code of Conduct for the Credit and Debit Card Industry in Canada allows business owners to cancel payment acceptance for mobile wallets for 30 days without penalty if fees increase. This flexibility offers security to businesses adopting these new technologies. <\/p>\n

Geasy Pay offers transparent and competitive rates for contactless payment processing. We analyze your transaction volume and recommend the most advantageous pricing structure for your business. Our packages include all types of contactless payments, with no hidden fees or unpleasant surprises. <\/p>\n

Choosing the right payment terminal for your business<\/h2>\n

Selecting the right payment terminal for your specific needs has a direct impact on your operational efficiency. Quebec restaurants benefit from mobile terminals that allow servers to process payments directly at the table. This convenience speeds up service and enhances the customer experience, especially during busy periods. <\/p>\n

Retailers<\/a> often prefer fixed terminals at the counter, offering stability and reliability for high transaction volumes. These robust devices quickly process all forms of contactless payment while maintaining a stable connection to the processing network. <\/p>\n

Integrated POS systems<\/a> combine payment terminals and sales management. These all-in-one solutions centralize transaction processing, inventory management and sales reporting. The Genius platform<\/a> from Global Payments, available via Geasy Pay, represents the modern evolution of these integrated systems. <\/p>\n

The future of contactless payment in Canada<\/h2>\n

Ongoing innovations will further transform the Canadian payments landscape. Artificial intelligence is gradually being integrated into payment systems, offering predictive analytics and improved fraud detection. Businesses that adopt these technologies now are well positioned for the future. <\/p>\n

Wearable devices will continue to grow in popularity. Although they currently account for less than 1% of total contactless transaction volume, their 32% growth in volume demonstrates significant potential. Payment terminals must support these devices if they are to remain relevant. <\/p>\n

Amendments to the Canadian Payments Act will foster competition and innovation. These legislative changes will broaden access to payment infrastructure, creating new opportunities for service providers like Geasy Pay and Canadian businesses. <\/p>\n

Contact Geasy Pay for your contactless payment terminals<\/h2>\n

Our team of experts will help you choose and install your payment terminals. We analyze your specific needs and recommend the Global Payments devices best suited to your business. English and French language support ensures that you always get the assistance you need. <\/p>\n

Call us at 438-806-0450 to discuss your contactless payment terminal needs. Our consultants will guide you through the options available and answer any questions you may have about costs, installation and training. Fill in our contact form<\/a> to receive a personalized quote. We’ll get back to you promptly with a proposal tailored to your transaction volume and industry. Geasy Pay simplifies access to modern payment technologies for all Quebec and Canadian businesses. <\/p>\n","protected":false},"excerpt":{"rendered":"

Contactless payments are radically transforming the Canadian commercial landscape. According to the Canadian Payment Methods and Trends Report 2024 published by Payments Canada, contactless payments now account for 58% of all transactions carried out in the country. This massive adoption shows that this technology is no longer an option, but a necessity for Quebec and […]<\/p>\n","protected":false},"author":2,"featured_media":8267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-8266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/posts\/8266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/comments?post=8266"}],"version-history":[{"count":0,"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/posts\/8266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/media\/8267"}],"wp:attachment":[{"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/media?parent=8266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/categories?post=8266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/geasypay.com\/en\/wp-json\/wp\/v2\/tags?post=8266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}