Why Contactless, Not Cash, is King in Canada

Contactless, not cash, is king in Canada. Brian Lang, president of Mastercard in Canada, said at a closed event in Toronto this week that 50% of transactions in the country are conducted via contactless payments and less than 30% involve cash. Iain McLean, Mastercard’s senior vice president of market development in Canada, said Canada is outpacing ...Read More

Jake Martin joined Royal Media Group in New York City in October 2018 as an Associate Editor for Bank Innovation. He was previously a Reporter with The St. Augustine Record, where he covered education, government, and the occasional "Florida man" story. He graduated from Elon University in 2011 with a B.A. in Journalism Print/Online. Jake can be reached at jmartin@bankinnovation.net.

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