Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Canada.
Yes, PayPal is accepted in Canada.
Wondering what the most popular ways to pay are in Canada? Explore the top payment options and choose wisely.
Canada, with a population of around 41.55 million people, has a GDP of approximately 2.23 trillion making it the 9th largest economy in the world. The official currency of Canada is the Canadian Dollar (CAD)
A highly developed service-based economy, with major industries in natural resources (oil, gas, minerals), manufacturing, and finance. It is deeply integrated with the United States through the USMCA agreement, which is its largest trading partner by far.
Canada's national debit card system, Interac Debit, is the most popular payment method for everyday in-store purchases, with its contactless 'tap' function being the standard. Credit cards from major networks like Visa and Mastercard are heavily used for online shopping, recurring bills, and for accumulating rewards points. For peer-to-peer money transfers, Interac e-Transfer is the national standard, seamlessly integrated into all major banking applications.
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.