daVinci to release Push Pay to address Canada’s increasing demand for instant, contactless, online and mobile payment options
daVinci Payments, a global leader in corporate-funded payments, today released a new national study in partnership with the Canadian Prepaid Providers Organization (CPPO) that identifies how Canadians make and receive payments and the resulting effect on future shopping intentions. The “Future of Payments Canada” study, conducted August 6-7, 2020, pinpoints how shelter-in-place has affected payment habits and the impact those changes will have on the 2020 holiday shopping season and beyond.
“The spike in online shopping and mobile payments driven by COVID-19 is occurring across all ages,” explained daVinci CEO, David Josephs. “Traditional payment methods like credit, debit and prepaid cards are as popular as ever, but swiping physical cards themselves is giving way to new form factors like mobile wallets, apps and contactless payments,” Josephs added.
The following illustrate how Canadians’