Canadians face higher fraud risk when using cash, study finds

Canadians face higher fraud risk when using cash, study finds

Old scams continue to prevail, including counterfeiting, pickpocketing, romance scams, advance fee scams and impersonation scams.

Canadians nearly three times more likely to encounter payment fraud using cash versus credit cards, despite cash being perceived as safest payment method, reveals new Payments Canada study

/CNW/ - While the percentage of Canadians who experienced payment fraud remained consistent year-over-year in 2025, new research from Payments Canada reveals...