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… Canada’s payments Modernization efforts? I’ve been a part of Payments Canada’s Modernization journey since 2012 and am … participate. The Canadian banking system is considered one of the most robust and mature in the world, and this … subscription-based models to mention just a few of many use cases, the need for an instant, secure, final and ubiquitous …

… The last time we sat down with Peter Dodic, our Chief Risk Officer at Payments Canada, it was to talk about  the … organization . Central to our conversation was the topic of resiliency – resiliency of our processes, systems, and … and respond to the evolving situation. For instance in the case of COVID-19, though we have multiple layers of …

… not only lay the groundwork for the safety and soundness of Canada’s payment systems, they also support and enable … Quebec’s Société de transport de Laval . Now, millions of Canadians have a new, convenient and easy way to pay for … respond to the needs and preferences of Canadians; in this case, a new service that makes it easier for many to pay for …

… are written to reflect the interests and views of the author(s), and are not intended as an official … claimed cash is king in Canada, but is this still the case in 2019? Due to the anonymity of cash transactions, it … portion of the market share. Different results and use cases arise when looking at cash payments made to a person …

… most notably in the UK where we are the single largest user of their faster payment system. This was one of the first real-time systems to launch in the world, so … will be used for tomorrow. There are guaranteed to be use cases we haven’t considered. Think of Bell and the …

… Merchants can now more easily offer debit option as an alternative to cash for small … certain everyday purchases, such as transit payments. To offer more flexibility in payment methods for Canadian … transit, Rule E5 is designed to enable other possible use cases, for example payment at parking meters, payment for …