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Canadian small businesses face continued struggles from pandemic headwinds – including adverse impact on sales (by 37% of businesses) and managing margins and profit (33%), reveals new Payments Canada study

Decentralized Batch Retail Systems

… Payment systems characterized by bilateral exchanges made …

Batch Total Entry Systems

… Payment systems characterized by bilateral exchanges made …

Direct clearer

… than the Bank of Canada) that, on its own behalf, exchanges payment items and makes entries directly into the ACSS. … …

PFMI

… established by the CPSS/CPMI and IOSCO for regulating payment and security clearing and settlement systems. … PFMI …

Canada Revenue Agency Acceptance of Payments Goods And Services Tax/Harmonized Sales Tax (Gst/Hst), Excise, Taxation, and Customs Programs

Group clearer

… behalf or on the behalf of the group's entitles, exchanges payment items and either effects clearing and settlement or …

Paper-based remittances

… Payments accompanied by a paper remittance (bill stub), …

Tiering

… An arrangement in payment systems whereby participants in one category require …

Kristina Logue

… financial, procurement and business planning functions for Payments Canada. Prior to CFO, Kristina held the role of Payments Canada’s Senior Director of Finance. She managed … Accountant of Canada. … Perspective At the Women in Payments 2024 Canada Symposium , Kristina Logue was named …

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