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… Payments Canada has much to be proud of in 2017. The … internal capabilities by growing its workforce and improving the resiliency of its systems, made great strides on its mission to facilitate payments innovation and set the stage to usher in a new era … competitive position.  Download the complete 2017 Annual Report,  Ushering in a New Era of Payments .  …

… Read Payments Canada’s response to FINA’s 2024 pre-budget … has submitted a written response to the House of Commons Standing Committee on Finance (FINA) as part of its 2024 … dramatically. Businesses are shifting to digital payment methods to take advantage of the convenience and cost …

… will support introduction of data-rich, high-value payments in Canada . On November 5, 2022, Payments Canada … needed to introduce the ISO 20022 financial messaging standard to the Lynx system in support of release two in March … Swift’s ISO 20022 migration for cross-border payments and reporting (CBPR+). This will simplify cross-border payments …

… Payments Canada has submitted its response to the Department … the scope of the definition of “payment service provider” and clear direction on which activities will be excluded … any additional requirements to which PSPs may be subject. Reporting Ongoing annual reporting enabled through these …

… unprecedented rate. But what’s driving this transformation? Payments Canada's annual Consumer Pulse Survey finds younger Canadians aren’t settling for traditional payment methods. Millennials and Gen Z want easier, faster and more convenient options to …

… menus. Increasingly, QR codes are being used to facilitate payments in regions such as Australia, Brazil, Jordan, China and India. 1 Compared to other regions, QR code-enabled … card transactions, they can be leveraged for other payment methods such as account-to-account payments. FIs and PSPs …

… 2021 was a big year for advancing modern payments in Canada. In partnership with our members and regulators, Lynx was launched — Canada’s modernized …