According to the report "Canada Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transaction Value, Volumes, Historical Trends, Analysis And Forecasts (2017 -2021)" Published by Market Data Forecast, In terms of the number of cards in circulation, the segment of credit cards has dominated the Canada Cards and Payments Market. This was owing to the increasing acceptance, the rise in the availability of credit, awareness of brands, and reward programs. The main use of debit cards by customers in the matters relating to retail, ATM withdrawals, and also for making online payments. Prepaid cards have been widely employed by the government for spending related to welfare, and charge cards at the corporate level are majorly used for purchasing purposes owing to their fixed payment timeline.