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… Read the response to FINA’s 2023 pre-Budget consultation … innovation, resulting in efficiencies and faster payments for consumers and businesses, while bolstering the safety … of Canadian payments. It will provide greater choice for Canadians and Canadian businesses in addressing their …
… towards broadening access to Canada’s payment infrastructure, but legislative change is still needed. Payments Canada … ecosystem, meaning greater choice, speed and flexibility for Canadians and Canadian businesses in addressing their … membership eligibility must also be expanded to include eligible PSPs, credit union locals and systemically …
… is the legislation that sets out Payments Canada’s role and responsibilities. It also determines what types of organizations are eligible to be Payments Canada members. Currently, that … non-profit, public-purpose organization. We are responsible for Canada’s national systems for the clearing and …
… Payments Canada has submitted its response to the Department of Finance’s proposed regulations … necessary to ensure accurate oversight of all entities performing retail payment functions defined in the RPAA. This guidance will aid in determining entities that may be eligible for Payments Canada membership should the Canadian …
… and Associate Minister of Finance, spoke about plans to increase innovation, competition and diversity in Canada’s … payment activities through the RPAA is a critical step for Payments Canada with respect to PSP access to our … What does this mean for Canadians? Having regulated PSPs eligible to become Payments Canada members and participants …
… Status on call for nominations Thank you to everyone who submitted a … will be informed of the decision by June 4, 2024. Interested in becoming involved? Every year we launch a call for … July 4, 2024 and terms run for three years. Who is eligible to be part of the Member Advisory Council? Our …
… Self Accreditation Program Payments Canada, its members and the … samples of their cheques to a financial institution for routine testing before use. Cheques printed by a self … requirements. Eligibility for the CPSA program To be eligible, a company must: print business or retail cheques …
… financial organizations have signed a joint letter calling for broader access to Canada’s payment systems. Payments … from across the payment industry to make a collective request of the federal government: to make amendments to the … Canadian Financial Market Infrastructures (FMIs) are ineligible under the CP Act to be direct participants on …