One of the statements I made earlier was that 6% of electronic transfers are by e-transfer, so 94% are by other methods: electronic funds; EFTs, electronic funds transfers; and pre-authorized debit or bill payments. There are other competitors in the market, such as PayPal and Apple. There are a number of different ways to move money or accept payments, whether it's person to person or a small or medium-sized business accepting payment—
On December 9th, 2024. See this statement in context.