Search results
… obligated to accept it OTTAWA - October 29, 2019 - Cash payments continue to decline in favour of digital payment types, according to the annual Payments Pulse Survey: Small Business Edition from Payments …
… 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 the online and offline … key driver behind the creation of this rule is to accommodate the use of POS debit payments (both contactless and …
… A key priority for Payments Canada during the third quarter of 2023 was continued advocacy for changes to the Canadian Payments Act . Payments Canada submitted a response to the … the path to launching the RTR. Our next payment systems update will appear in our Delivery Roadmap. Payments Canada …
… Payment systems allow money to travel where it needs to be. A down payment on a home, a student loan, an invoice paid to a … money sent to a family member abroad, a first paycheque; payments are an essential part of our economy and way of …
… Central 1 settles billions of dollars in Canadian wire payments over Canada’s Large Value Transfer System (LVTS) … which will be replacing the LVTS as Canada’s new high-value payments system, Central 1 is reaching important milestones … union system. The real-time gross settlement design mandated for Lynx and the Real-Time Rail (RTR) , Payments …
… Payment industry is focused on delivering final pillar of … through ecosystem alignment and collaboration to support payment innovation, long-term sustainability and economic advancement for Canada. OTTAWA, April 16, 2024 – Payments Canada today announced a path forward for the …
… The Canadian Payments Association (CPA) operates under the brand name of Payments Canada. For legal purposes we continue to use CPA … sets out the legal framework for the CPA, including its mandate, the types of organizations eligible for membership, …
… Payments Canada has published updated ISO 20022 message specifications for Lynx , Canada’s high-value payment system, to support the implementation of Lynx …
… 44 per cent say COVID-19 has changed their payments preferences to digital and contactless long-term; … are uncomfortable handling cash OTTAWA, November 25, 2020 – Payments Canada has released new data on Canadian payment trends since the onset of COVID-19, showing that …
… cent avoid shopping at places that don’t accept contactless payments. OTTAWA, May 13, 2020 - New data from a Payments Canada study on payment trends during COVID-19 reveals some dramatic shifts …