Payment system failures put Canadian businesses at financial and reputational risk: FreedomPay & Dynatrace study finds [Yahoo! Finance]
Dynatrace, Inc. (DT)
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Source: Yahoo! Finance
FreedomPay Canadian retail and hospitality businesses report seven payment outages a year on average TORONTO, March 12, 2026 (GLOBE NEWSWIRE) -- Payment disruption is placing growing pressure on Canadian businesses. An estimated $7.6 billion in retail and hospitality sales is at risk each year due to payment system failures. A new collaborative report by FreedomPay , Dynatrace and Retail Economics reveals Canadians will wait just six minutes during a service outage before abandoning a purchase. However, the average outage lasts 67 minutes, leaving businesses susceptible to significant financial losses and potential damage to consumer trust and loyalty. Canada is particularly vulnerable to payment disruptions, with businesses reporting almost seven (6.8) outages per year, a higher frequency than peers in the US (5.7), UK (5.1), France (5.0) and Germany (4.0). Large Canadian businesses with more than $700M in annual turnover report more frequent payment disruptions than smaller o
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DT
Earnings
- 2/9/26 - Beat
DT
Sec Filings
- 3/17/26 - Form 4
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- 3/9/26 - Form 4
- DT's page on the SEC website