Search

… operates Canada’s payment systems, Lynx and the Automated Clearing and Settlement System (ACSS). Payments Canada is … debits, direct deposits, bill payments, wire payments and cheques initiated and received by Canadians and Canadian …

… and economy by providing safe, efficient and effective clearing and settlement of payments. As a public-purpose … funds in segregated accounts; and Flexible rules governing cheque image exchange that enable the industry to offer … what has been done for prominent systems under the Payment Clearing and Settlement Act), setting out clear oversight …

… support payments were made through direct deposit or by cheque. For many Canadians, the payments represented a … over paper payments. Direct deposit payments outnumbered cheque payments by a ratio of over 7:1. 5 The Receiver General of Canada issued 10.4 million cheques and 78.4 million direct deposit payments related to …

… union locals that are members of a provincial central; and clearing houses 2 of a clearing and settlement system designated under subsection 4(1) of the Payment Clearing and Settlement Act (PCSA). Expanding access to …

… e-Transfers (57 per cent), bank transfers (21 per cent), cheque (9 per cent), and cash (8 per cent). Young Canadians … to businesses and consumers. Payments Canada’s Government Cheque Reduction Initiative will also support convenience …

… e-Transfers (57 per cent), bank transfers (21 per cent), cheque (9 per cent), and cash (8 per cent). Young Canadians … to businesses and consumers. Payments Canada’s Government Cheque Reduction Initiative will also support convenience …

… as the owner and operator of Canada’s national payment clearing and settlement infrastructure, Payments Canada … will allow RPAA-registered PSPs, credit union locals and clearing houses of designated financial market … is expected to displace inefficient payment methods like cheques and cash, leading to a decrease in aggregate …