The Future of Mobile Wallet and Payment Market in Canada
Canada Mobile Wallet and Payment Market Outlook 2025–2030 The Canadian mobile wallet and payments market is expected to see robust growth from 2025 to 2030, fueled by rising digital payment adoption, consumer preference for contactless transactions, and ongoing financial innovation. Increasing e-commerce activity, supportive regulations, and the shift toward cashless societies will define the sector’s trajectory in the coming years. Key Market Drivers Surging Digital Payment Adoption Canada’s tech-savvy population and widespread smartphone penetration are driving the uptake of mobile wallets. Growing consumer demand for fast, secure, and seamless payment options is pushing banks, fintechs, and retailers to expand mobile wallet offerings. E-Commerce & Retail Expansion The rapid growth of online retail and omnichannel shopping is boosting the need for integrated mobile payment solutions. Contactless in-store transactions and in-app payment methods are becoming standard consumer ex...