Canadian SMBs Use Cheques for Vendors, Rent, and One-Off Payments Despite Digital Shift
Calgary, Canada - July 18, 2026 / Print & Cheques Now Inc /
CALGARY, Alberta, August 2026 - Canadian businesses have widely adopted tap, card, online transfer, and EFT payments, yet cheques continue to account for a significant portion of the country's total payment value. According to Payments Canada's 2025 Canadian Payment Methods and Trends Report, cheques represented two per cent of total payment volume in 2024 while accounting for 22 per cent of total payment value.
Print & Cheques Now Inc., a Calgary-based cheque printing company serving more than 46,000 customers across Canada, says those figures reflect what small businesses, bookkeepers, and finance teams continue to encounter in daily operations: cheques are issued less frequently, but they remain a practical tool for higher-value business payments that require a documented paper trail.
"Most businesses are not using cheques for everyday counter sales anymore," said a Print & Cheques Now spokesperson. "They are using them where the payment needs a record, a signature, a remittance stub, or a process that fits the way a vendor, landlord, or contractor already works."
The Payments Canada report found that digital payments represented 86 per cent of total payment volume and 77 per cent of total payment value in 2024. Contactless payments alone accounted for 58 per cent of transactions. Despite that shift, cheques held 22 per cent of payment value - behind EFT at 63 per cent but ahead of credit cards at six per cent.
For Canadian small and mid-sized businesses, that breakdown helps explain why cheque ordering has not faded from practice. A company may handle most recurring bills through EFT, accept cards from customers, and still maintain printed cheques for vendor payments, rent, payroll adjustments, refund processing, security deposits, and one-off transactions that call for additional documentation.
Print & Cheques Now identifies three common factors that sustain demand for business cheques:
- Certain vendors and landlords continue to request cheque payment for larger or recurring amounts.
- Accounting teams frequently rely on cheque stubs for payment records and reconciliation purposes.
- Some one-off payments are more straightforward to approve, sign, mail, and file than to configure through a digital payment workflow.
The company prints Payments Canada Standard 006-compliant cheques and holds CPA Self-Accredited Printer #1010 status. Its business cheque products are available for companies that need to order bank cheques for Canadian bank accounts, as well as organizations evaluating business cheques Canada options beyond what their bank directly supplies.
For finance teams sourcing business checks, the purchasing decision typically centers on compliance, recordkeeping requirements, and compatibility with existing accounting software rather than any preference for paper-based processes.
Print & Cheques Now offers manual business cheques, laser and computer cheques, personal cheques, deposit books, endorsement stamps, and cheque binders. Confirmed software compatibility includes QuickBooks, Sage 50, Xero, and Simply Accounting. Orders placed by 2 PM EST, Monday to Friday, qualify for same-day printing, and every order is backed by the Bank Acceptance Guarantee: accepted by the bank or reprinted and refunded.
About Print & Cheques Now Inc.
Print & Cheques Now Inc. is a family-owned Canadian cheque printing company based in Calgary, Alberta. Founded in 2006, the company serves more than 46,000 customers across Canada and holds a 4.9/5 rating from 800+ Google reviews. Print & Cheques Now is CPA Self-Accredited Printer #1010 and prints Payments Canada Standard 006-compliant cheques for Canadian businesses and individuals. Learn more or call 1-866-760-2661.
Contact Information:
Print & Cheques Now Inc
240007 Frontier Crescent, Unit 11
Calgary, Alberta T1X 0R4
Canada
Jon Gilchrist
+1-866-760-2661
https://chequesnow.ca
