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Holiday shopping and international transactions help boost spend in Canada by 3.0 per cent in final quarter of 2018

The final quarter of 2018 wrapped up with a 3.0 per cent increase in spend over the same period in 2017, according to Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. This increase marks the lowest for 2018, and the lowest quarterly growth in four years.

Moneris launches Offlinx™ - the first marketing analytics tool in Canada connecting digital spend to in-store sales

The third quarter of 2018 saw spending in Canada remain fairly consistent with the previous quarter, according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. While spending was up 3.4 per cent over the same period last year, this modest increase is only slightly higher than last quarter, which saw a year-over-year spend increase of 3.3 per cent, the lowest quarterly growth in nearly four years.  

Payment card spending in Canada up 3.4 per cent in the third quarter of 2018

The third quarter of 2018 saw spending in Canada remain fairly consistent with the previous quarter, according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. While spending was up 3.4 per cent over the same period last year, this modest increase is only slightly higher than last quarter, which saw a year-over-year spend increase of 3.3 per cent, the lowest quarterly growth in nearly four years.

Payment card spending in Canada up 3.3 per cent in the second quarter of 2018

Canadian spending has begun to flatten according to the MonerisMetrics Quarterly Report released today by Moneris Solutions Corporation (“Moneris”), Canada’s largest processor of debit and credit payments. In total, year-over-year spending in the second quarter of 2018 increased by only 3.3 per cent – marking the lowest quarterly growth in nearly four years.

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