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… approved by the Payments Canada Board, and are in effect as of today. A PAD agreement is a contract signed between a … H1 outlines the procedures for the clearing and settlement of PADs. The amendments reflect considerable technological … that govern them,” said Shawn Van Raay, Chief Information Officer. “Amending Rule H1 now makes pre-authorized debit …

… Financial inclusion is essential to the success of the Canadian economy and inclusive payments and payment … play a pivotal role. Elizabeth Mulholland, Chief Executive Officer of Prosper Canada , a national charity dedicated to … in that work? In a nutshell, Prosper Canada works with government, business, research and community partners to …

… infrastructure for payments, today announced the go live of a new third daily exchange period for Canada, a … scenarios, such as emergency payroll. “Every year thousands of Canadians rely on batch payments for payroll and bill … debits, direct deposits, bill payments, wire payments and cheques. Payments Canada is a proud supporter of the …

… Canadian businesses have a higher rate of payment fraud (20 per cent) compared to Canadian … last six months. Impersonator fraud represented 25 per cent of payment fraud experienced by businesses. 71 per cent of … information (18 per cent). Payment made by a fraudulent cheque (15 per cent).  Purchase made from a fraudulent …

… 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       The usage of mobile phones to make payments continues to rise in both …

… system, which should be operational by the second half of 2017. In this Q&A, Pragnell shares his personal insight … how Canada’s payments ecosystem differs.   What are some of the features of Australia’s new payments system? It will provide for near …

… Payments Canada has submitted its response to the Department of Finance’s proposed regulations under the Retail Payment … Payments Canada’s submission seeks clarity on the scope of the definition of “payment service provider” and clear … in legislation and oversight requirements set by the government through regulation. This will ensure that …