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… Payment cannot be revoked/reversed by any party involved … Finality of payment …
… All payment structures that facilitate the transfer of monetary value between banks. … Payments system …
… of monetary value between parties. The LVTS and ACSS are payments infrastructures owned and operated by Payments Canada and therefore governed by its by-laws, rules and/or standards. … Payments infrastructure …
… Payments initiated by a customer online for the purchase of … account at a financial institution to a merchant. Online payments include online e-wallet and electronic … accounts at financial institutions (e.g., PayPal). … Online payments …
… Payment structures for the clearing and settlement of payment obligations where a shock, disruption or failure of … scale, the ability of consumers and businesses to effect payments, thereby reducing confidence in the payments system …
… Read Payments Canada’s response to FINA’s 2024 pre-budget consultation, calling for change to payment legislation in the 2023 Fall Economic Statement … is a public-purpose, not-for-profit organization with a mandate, membership and governance set out in the Canadian …