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… by 21 per cent.  Credit cards represent 33 per cent of payment volume in 2022, followed by debit cards (31 per … and prepaid cards (all at two per cent).    Cash use recovered to pre-pandemic levels, with one in 10 transactions … cent) Canadians tapped a payment card at least once a month for a store purchase in 2022. For the first time, online …

… industry groups unite to discuss and debate the future of payments in Canada. More than 200 speakers and over 1,800 … they explored open banking around the world, the timeline for adoption and the next steps to make open banking a … Paquet , Director & CEO of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Faye Pang , …

… Deployment will support introduction of data-rich, high-value payments in Canada . On November 5, … fully implemented, Lynx Release Two will set the foundation for payment innovation to occur in Canada. The introduction … Swift’s ISO 20022 migration for cross-border payments and reporting (CBPR+). This will simplify cross-border payments …