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… Rule amendments take effect on July 11, 2023. Recently approved amendments to ACSS and Lynx rules, summarized below, aim to improve various aspects of … systems and support their efficient use and operation. The rule amendments take effect on July 11, 2023. Proposed rule …

… 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 …

… 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 …

… 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 …