Public consultation supports proposed improvements to bill payment framework

Earlier this year, Payments Canada conducted a public consultation on proposed changes to Rule H6, which provides the framework for processing bill payment remittances through the Automated Clearing Settlement System (ACSS). 

The proposed changes aim to improve operational efficiency, the ability to embrace technological advancements in an evolving marketplace and the bill payment experience for all impacted groups.

Responses to the consultation confirmed support for the proposed improvements and identified areas where refinements may be required. Key themes identified in consultation responses included:

• Agreement to expand the scope of the Bill Payment Framework to include electronic bill payments made to non-Corporate Creditor Identification Number (CCIN) billers.
• Strong support for a new streamlined enrollment process for billers, including standardization.
• Encouragement for Payments Canada to promote consistent value-dating practices between CCIN and non-CCIN billers.
• Support to remove paper-based remittances as acceptable items for exchange.
• The need for reasonable timeframes for implementing any changes.

Thank you to all respondents, including financial institutions, billers and consumers. Payments Canada analyzes all feedback and proposed refinements are examined and discussed with members and stakeholders.

Public consultation plays a critical role in shaping Payments Canada’s rules and standards, which lay out the roles, responsibilities and obligations regarding the appropriate handling of payment items exchanged, cleared and settled through our payment systems. Feedback from a wide range of members and stakeholders with diverse perspectives helps to inform the development and evolution of Payments Canada’s legal framework, ensuring its continued relevance and effectiveness in supporting safe, secure and efficient payments in Canada.

For any questions or comments related to the consultation, please contact consultation@payments.ca.