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… Black, President and CEO of Payments Canada. “Cash and cheque payments have declined dramatically, having been … since the start of the COVID-19 pandemic: Using less cash, cheques and prepaid cards.  62 per cent of Canadians … .) 40 per cent of Canadians who used to be weekly users of cheques were using cheques less frequently. 36 per cent …

… $686.7 billion  – a value record that is unbeatable to date. Launched in summer 2021, Lynx replaces the LVTS as …

… risk and safeguarding of end-user funds. To stay up to date on all things Retail Payments Supervision sign-up to …

… make a payment or transfer funds. We’ve been given the mandate to make sure that the trust Canadians place in PSPs is … process of setting up our program to deliver on our new mandate. Under our framework, we will supervise PSPs, promote … to be going forward. Certainly, the feedback we received to date from RPAC – the Retail Payments Advisory Committee – …

… which banks operate. Platform markets have significant returns to size, which could make banking — should banks … and network externalities could intensify these returns to size. Why couldn’t open banking, then, make the … advice on matters relating to Payments Canada's mandate and public policy objectives. Before joining Payments …

… today shows that cash and other paper transactions, such as cheques, are still leading, but in Canada new payment … million transactions worth $45 billion in 2015. The use of cheques continues to decline with a 25 per cent decrease … debits, direct deposits, bill payments, wire payments and cheques For media inquiries, please visit the  Media Centre . …