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… focus lately has been on the design of Lynx, our new core clearing and settlement system, and, in particular, how to … simulation-based research, drawing on actual and artificial Canadian payments data, to understand pending liquidity … between volume in Payments Canada’s systems and broader Canadian economic activity.  …

… rapid adoption and growth. Currently, close to one in five Canadians (17 per cent) are aware of, but have not used BNPL services, while another 14 per cent of Canadians have used a BNPL service for their purchases. … of the largest BNPL companies signed up to a voluntary code of practice. “The code sets out the minimum standards …

… of Canada’s national payment systems. The Automated Clearing Settlement System (ACSS) and Lynx continue to … signing an agreement. Our annual research publication, the Canadian Payment Methods and Trends report was released in … $10.8 trillion, and highlights the trends observed in the Canadian payment landscape. Understanding the payment …

… Canada's annual Consumer Pulse Survey finds younger Canadians aren’t settling for traditional payment methods. … annual Payments Pulse survey consumer edition finds younger Canadians aren't settling for traditional payment methods, … have to put something more in. You have to put in a postal code or your card number or something. It just never seems …

… programming to contribute to a stronger foundation for the Canadian payment ecosystem. The Canadian economy depends on the exchange of billions of … payments, and ultimately, create a more efficient payment clearing and settlement experience. Almost a year ago, Lynx …

… paid in cash in 2022.  Almost nine in 10 (89 per cent) Canadians tapped a payment card at least once a month for a … (BNPL) users increased usage in 2022. While 49 per cent of Canadians are aware of cryptocurrencies, only 14 per cent … Industry data is derived primarily from the Automated Clearing Settlement System (ACSS) data, industry payment …

… quarter of 2023 was continued advocacy for changes to the Canadian Payments Act . Payments Canada submitted a response … Prosper Canada, Nick Catino from Wise, Dan Kelly from the Canadian Federation of Independent Business (CFIB) and … their businesses and the economy. In Q3 2023, the Automated Clearing Settlement System (ACSS) and Lynx continued to …