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… Canada, it’s our job to ensure that these financial transactions are carried out safely and securely. My team … business day, Lynx clears and settles an average of 52,000 transactions worth more than $400 billion . Many essential financial transactions and other financial systems depend on Lynx, …
… this in late spring when we saw a reduction in credit card processing in Canada, which was well-received as it … that are online, keeping the cost of card-not-present transactions low is going to be critical. The final point …
… An RTGS that utilizes a central queue to rapidly off-set transactions between participants, to lower the collateral required to settle each transaction, over what would be needed if each transactions were settled on a real-time basis. … RTGS with …
… debit impractical for some high-volume, time-sensitive transactions, such as paying bus fare. The new Payments … merchant can now opt to provide a service before a payment transaction is authorized. In the example of a transit … for vending machine purchases. As with other Canadian debit transactions, debit payments in these new scenarios will …
… trends in the data covering 2011 – 2014: The total transaction average annual growth was two per cent in volume … per cent in terms of value (volume refers to the number of transactions and value to the total dollar amount of those transactions). While still the most widely used type of …