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… 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 …
… 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 …
… are integral parts of the legal framework of the national payment systems that Payments Canada is legislated to establish and operate. … Canada’s rules, standards and procedure documents are updated regularly and versions posted online are in force. You …
… Payments Canada welcomes and congratulates the new … , effective July 1, 2022. These experts from across the payment ecosystem will provide a wide range of views that … experiences. His familiarity with Payments Canada’s mandate and responsibilities, along with his payment knowledge, …
… of Finance established a task force to analyze Canada’s payments system and make recommendations on the future of payments in Canada. They were asked to: Review the safety, soundness and efficiency of the payments system; Determine whether there was sufficient …
… Payments Canada launched Lynx, Canada’s new high-value payment system in summer 2021. The organization is gearing … program to help support successful delivery of the ISO mandate through extensive resource engagement across industry …
… we replace ‘being there’ with digital interactions. From a payments perspective, use of cash has declined significantly, contactless payments have increased, as has use of e-Transfer. Digital … result in approximately 33 million additional government payments over the four months of the initiative. To support …
… By collaborating with the payment ecosystem, our rules not only lay the groundwork for the safety and soundness of Canada’s payment systems, they also support and enable the … Vancouver, British Columbia, introduced an alternative payment option to their riders: the ability to tap their …