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… Facilitating real-time payments allows governments of all levels to serve citizens faster financially while … efficiently domestically and internationally. A growing list of countries enjoy the benefits of real-time payments As …
… essential to Canada’s payments ecosystem. Due to the scope of the program and the number of participants involved, Payments Canada sought to team …
… Rail payment system, with the selection and onboarding of Interac as the exchange solution provider. The exchange … Broader access is a key driver in the modernization of Canada’s payment systems — and is fundamental to the … know, Payments Canada’s approach is very different from a number of other countries. Decisions were made at the onset, …
… are written to reflect the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. Summary In … well-being of Canadians during this difficult time.” LVTS numbers at a glance In late March and the first half of …
… new research that reveals the changing payment behaviours of Canadian consumers and businesses. The Canadian Payment … but in Canada new payment channels are a growing share of the market. These trends reinforce the need for Canada to … in both volume and value of transactions. Cash continues to account for the most transaction volume, but cash use is on …
… (CBDC): Retail Considerations , the latest in a series of educational papers on CBDC . This paper explores the design considerations for implementation of a retail CBDC in the Canadian payments environment. A … settle daily obligations through adjustments to digital accounts they hold at central banks.2 However, interest in …