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… The end-user (person or organization) who receives funds when a payment item is credited to their account … Payee …
… A disruption to the payments ecosystem that has a material impact on ecosystem service providers or …
… The minimum conditions that an entity would need to satisfy in order to participate directly (or indirectly) in a payment system. Access criteria may differ depending on what role the entity will perform as a participant in the system (e.g. exchange of …
… Digital innovation and payment fraud concerns create shifts in … - Business survey (Wave 1, 2022), explores the trends, sentiment, and outlook for Canadian small businesses (with total revenue of less …
… Those who use, or are likely to use, services provided by payment systems (e.g. consumers, businesses, government) … …
… Payments are exchanged, cleared and settled through a single central system, …
… The financial institution to which a debit payment item is addressed and which is directed to …
… The end-user (person or organization) who authorizes their financial institution to debit their account for the amount of a payment item … Payor …
… The delivery and receipt of payment instructions, which would result in a debit and credit being posted to the accounts of the Payor …