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… systems include debit card payments, pre-authorized debits, direct deposits, bill payments, wire payments and cheques …
… a powerful tool for businesses. They are sometimes called direct debit, pre-authorized chequing (PAC), pre-authorized …
… (FMIs) are ineligible under the CP Act to be direct participants on Canada’s national payment systems. 2 …
… retailers will gain, saving them money and time. Secondly, direct access will allow retailers to re-imagine and …
… that are integrated into core payment systems, which have direct central bank involvement (in clearing or settlement …
… in open-banking6, in the future Canada may emulate European directives that allow some of these providers to “write” … will allow secure payments to be made from those accounts, directly or through third-party apps. Big Tech and FinTech …
… an entity would need to satisfy in order to participate directly (or indirectly) in a payment system. Access criteria may differ …
… institution and the branch to which a payment item is directed. Along with the account number, it is essential for …
… those made with debit cards, pre-authorized debits, direct deposits, bill payments, wire payments and cheques. …
… those made with debit cards, pre-authorized debits, direct deposits, bill payments, wire payments and cheques. …