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… with the best pricing of the season The 2022 SUMMIT will return April 26–28, 2022 to Toronto’s Beanfield Centre. … events we welcome the opportunity to connect once again to discuss the future of modern payments. The SUMMIT has always … meeting point for the payments ecosystem to connect and discuss the future of payments and how Canada has a leading …

… to reconnect with colleagues, make new connections and discuss the challenges and opportunities facing our industry. … systems. Amendments to the Canadian Payments Act are required in 2023 to allow for necessary by-law changes to … for the RTR. We are excited to welcome five new and two returning members to our Stakeholder Advisory Council (SAC), …

… Payments Canada is pleased to welcome seven returnees to its Member Advisory Council (MAC), effective July 1, 2023. These experts …

… its response to the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures’ (CPMI) … principles followed for setting the requirements seem reasonable. While a platform or network agnostic approach … particularly as different kinds of payments (e.g., returns, rejects etc) are implicated by the requirement. …

… financial institutions and businesses. Payments Canada is seeking input on proposed changes to how bill payment … effective June 30, 2025. As a result, Payor FIs will be required to convert paper-based Remittances presented by … paper Invoices or choose not to obtain a CCIN for economic reasons. Electronic bill payments made to billers that do …

… businesses and consumers. There are multiple enablers for this change — technology, innovation, consumer demand — but the real reason payments keep getting better and better are the rules … a rule be changed? How many payment rules are there? On this episode of The PayPod, find out everything you’ve ever …

… Earlier this year, Payments Canada conducted a public consultation on … improvements and identified areas where refinements may be required. Key themes identified in consultation responses … remittances as acceptable items for exchange. The need for reasonable timeframes for implementing any changes. Thank …

… Board, and are in effect as of today. A PAD agreement is a contract signed between a payor (the end user whose account is being debited) directly with a payee (the end user whose … businesses accepting PADs. The definition of “commercially reasonable” was revised. Rule H1 now allows a payee to use a …