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… Bill payments to businesses that include data related to that … Number (CCIN) for credit to a corporation. Includes bill payments initiated via telephone and Internet banking and may include some paper-based bill …
… Pre-authorized or bill payment error correction debits to an account held at a financial institution. Most commonly used for mortgage and other bill payments, as well as funds transfer and corporate cash …
… A three digit number, assigned by Payments Canada, which can be used on payment items to identify a member financial institution or …
… debit drawn on the account of a payor for the payment of goods or services related to a business or commercial activity of the payor. For example, payments between franchisees and franchisers, distributors and suppliers, and dealers and …
… Senior Deputy Governor of the Bank of Canada, at the Payments Canada SUMMIT in 2016. The pilot’s initial two … a variety of industry players including the Bank of Canada, Payments Canada, R3, and Canada’s seven largest commercial banks. Late last year, …
… that holds the account of the payee (person receiving a payment). … Payee's financial institution (FI) …
… The failure of the payments ecosystem to ultimately settle on the books of the …
… federal government committed to amendments of the Canadian Payments Act (CP Act). This is tremendous news for the Canadian payment ecosystem, because we are now on the path to expanded Payments Canada membership and participation in our …