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… 2022, a diverse coalition of organizations from across the payment industry came together to sign an open letter to the … request of the federal government to amend the Canadian Payments Act to broaden Payments Canada’s membership. … of a business or a consumer, either one, we exchange billions of dollars each day and increasingly exchange these …

… On October 30, 2020, Payments Canada closed its public consultation on the policy proposals outlined in the Canada’s New Real-Time Payment System Policy Framework consultation paper .  The … for the Real-Time Rail (RTR), Canada’s new real-time payment system, and identified topics where additional …

… Leading the adoption of ISO 20022 in Canada and abroad. Payments Canada is actively involved in promoting … harmonization of the ISO 20022 message usage for high-value payment systems globally and is declaring its support for the High-Value Payments Systems Plus (HVPS+) ISO 20022 Payments …

… As new payment methods emerge, how are financial institutions and payment providers considering these new options and launching new payment products in their market? With the pace of digital …

… is the first in a series that explores emerging topics in payment policy. Each explains key policy issues and considerations, as well as Payments Canada’s current and potential future role within … the need arise, that Canadians can trust and rely on. Payments Canada is supportive of the Bank of Canada’s …

… Payments Canada’s 2016 Annual Report,  Transforming Canadian Payments , is now available. The report provides an overview … totaling close to $51 trillion, averaging over $201 billion each business day. Not only did the organization …

… Deposit Insurance Corp (CDIC) and the Bank of Canada, Payments Canada has released its latest research discussion paper, Quantifying the economic benefits of payments modernization: The case of the large-value payment system . The paper provides a framework to quantify …