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… upcoming changes to retail payments supervision (May 30, 11:10-11:35 AM). Abraham Tachjian , Director, Digital Banking at … including the road to open banking in Canada (May 31, 11:20 AM - 11:35 AM). Mike Cook , Global Payments Lead at …

… Paves the Way for Payments Modernization OTTAWA, May 11, 2018 – This week in Toronto, The SUMMIT , Canada’s … infrastructure, including associated systems, bylaws, rules and standards. The value of payments cleared by …

… stakeholders to design and implement new payment systems, rules and standards that will make it possible to introduce … undertaking to modernize the payments infrastructure and rules that underpin payments in Canada. When completed, … Inc., and Payments Canada between April 2 and June 11, 2018. For phase one of the study, an online survey of …

… Amendments to ACSS Rule H1, Pre-Authorized Debits (PADs) have been approved by … the payee to withdraw funds from the payor’s bank account. Rule H1 outlines the procedures for the clearing and … payments in Canada includes not only our systems, but the rules that govern them,” said Shawn Van Raay, Chief …

… ($2,500) will be announced during the closing remarks at 11:50 AM on May 26, Metropolitan Ballroom, Westin Harbour … infrastructure, including associated systems, bylaws, rules and standards. The value of payments cleared and …

… and merchants, Payments Canada today announced a new rule to enable broader point-of-sale (POS) debit card … requirements, as defined by Payments Canada’s existing rules, require merchants to have consistent online … such as paying bus fare.  The new Payments Canada rule, Rule E5, titled Exchange of Point-of-Service Delayed …

… retail payment transactions were made in Canada, totalling $11.9 trillion. That’s a lot of payments and a lot of money … 15 per cent of payment volume, followed by cash at 11 per cent, online transfer at six per cent, and prepaid, … a payment in a given month in 2023 (up slightly from 11 per cent last year). The following types of smart devices …

… is seeking feedback on its consultation paper for a new rule, as part of its point-of-service payment rules framework, to enable a broader range of point-of-service debit card acceptance. This new rule further supports the move to digital payments and …