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… when you’re online. How can you stay connected? Follow the CPA on Twitter and hashtags #CyberTalk and #CyberAware …

… McMaster University, a Chartered Professional Accountant (CPA, CMA) and completed the Canadian Securities Course. He … is an active member of the Canadian Payments Association (CPA) Stakeholder Advisory Council acting as Vice-Chair and …

… up to date on changes and amendments to Payments Canada’s rules and by-laws. Payments Canada, in consultation with our members and stakeholders, updates its rules, standards and by-laws where necessary to ensure the … secure and efficient operation of Canada’s payment systems. Rules and standards lay out the roles, responsibilities and …

… or recourse. The proposed changes primarily apply to Rule H6 , which provides the framework for processing bill … credit Payment Item exchanged in an AFT File as defined in CPA Standard 005 . Bill Payment Error Correction Debit ( … payment system, the ACSS. In 2023, the ACSS cleared over 9.8 billion Payment Items representing $9.1 trillion in value, …

… Rule amendments take effect on July 11, 2023. Recently approved amendments to ACSS and Lynx rules, summarized below, aim to improve various aspects of … systems and support their efficient use and operation. The rule amendments take effect on July 11, 2023. Proposed rule …

… Amendments to ACSS Rule H1, Pre-Authorized Debits (PADs) have been approved by … the payee to withdraw funds from the payor’s bank account. Rule H1 outlines the procedures for the clearing and … payments in Canada includes not only our systems, but the rules that govern them,” said Shawn Van Raay, Chief …

… and merchants, Payments Canada today announced a new rule to enable broader point-of-sale (POS) debit card … requirements, as defined by Payments Canada’s existing rules, require merchants to have consistent online … reveals that debit card use continued to outpace cash in 2018, where Canadians used debit cards for nearly 35 per cent …