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… 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 …
… At Payments Canada we dedicate ourselves to the delivery, operation and governance of payment systems that are innovative, secure and globally … Lynx operations should an extreme event occur. In November, Payments Canada and the payment ecosystem had two very big …
… 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 …
… digital-first mindset here to stay OTTAWA, March 9, 2021 – Payments Canada released the latest data on Canadian payments trends since the onset of COVID-19, showing that … Canadians demonstrate an ongoing reluctance to handle cash, payment terminals and ATMs. Around 58 per cent of Canadians …
… are integral parts of the legal framework of the national payment systems that Payments Canada is legislated to establish and operate. … financial institutions on the appropriate handling of payment items exchanged, cleared and settled via our …
… Susan Hawkins is the President and CEO of Payments Canada, leading the organization's next phase of development to meet the evolving payment needs of Canadians. Under her leadership, Payments Canada is focused on modern payment technology …
… will support introduction of data-rich, high-value payments in Canada . On November 5, 2022, Payments Canada successfully deployed the MX code to Lynx , Canada’s high-value payment system. This is the technology needed to introduce …
… Canada’s payments Modernization program is moving along quite nicely … , enhancements to Automated Funds Transfer (AFT) – or batch payments - will be first out of the gate. We are looking … This tells me that AFT – what I call the workhorse of the payments system - is due for a day in the sun. Our …
… 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 …