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… Retail Payments Oversight Framework represents a step forward for … government’s proposed functional, risk-based approach to retail payments oversight. The framework will help level the … field by bringing newer entrants under regulation and act as the foundation for broader, risk-based access to …
… Payment systems allow money to travel where it needs to be. … membership in alignment with the expected launch of the Retail Payments Activities Act (RPAA). In Q2, we were pleased to welcome two …
… views of the author(s), and are not intended as an official Payments Canada statement or position. Summary 1 The Bitcoin … of merchants towards the use and acceptance of Bitcoin for retail payments. It complements a study published last year … envisioned as a currency for eventual use in everyday transactions. A form of money that encompassed the defining …
… fifth installment of our case study series we look at how a retailer that interacts with insurers and customers across Canada, and offers … services online, is positioning itself to take advantage of payments Modernization. The study details how the …
… 2021 was a big year for advancing modern payments in Canada. In partnership with our members and … payments systems with two major accomplishments: the Retail Payments Activities Act (RPAA) was included in the 2021 federal …
… Payments Canada is leading the effort to introduce ISO 20022 … designed to simplify global business communication — for payments in Canada. It has defined new ISO 20022 payment … to be used between its member financial institutions, and acts as the knowledge leader for ISO 20022 in Canada by …
… The COVID-19 pandemic accelerated the shift towards digital payments in Canada and there’s no sign of it slowing down. … and get paid is no exception. This is especially true for retailers. By Stephen Yun, Senior Analyst, Market Insights, … payments with digital options has been important in attracting and retaining customers. Access to credit is a …
… November 23, 2024. By Jude Pinto, Chief Delivery Officer, Payments Canada Since announcing renewed momentum with a … if they meet system access requirements. Additionally, the Retail Payment Activities Act , which is led by the Bank of Canada, …
… Statement presents an opportunity to modernize the Canadian Payments Act to strengthen financial competition, innovation, … OTTAWA, October 11, 2023 — Leaders across Canada’s payment industry continue to demonstrate unified support for …
… Read Payments Canada’s response to consultation affecting … payment service providers as defined in section 2 of the Retail Payment Activities Act , provincial credit union locals that are …