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… Canada closely monitors global payment trends and conducts market research to better understand the payment behaviours … payment service providers (PSPs) and designated financial market infrastructure entities that meet the necessary … is provided and a payment is sent to the incorrect account. Today, over one million Confirmation of Payee requests are …

… these fees because of the economics of the retail payments market, which is a canonical example of what’s called a two-sided market. As economist Marc Rysman of Boston University wrote … ways to pay, but they mostly rely on old ways to pay.  Today new players in the ecosystem compete with banks, but …

… OTTAWA, June 14, 2022 - Payments Canada today announced Peoples Trust Company (PTC), part of Peoples … inquiries, please contact Victoria McMullen, Director of Marketing & Communications, vmcmullen@payments.ca . About … been providing tailored financial services to the Canadian marketplace for more than 35 years. Since 1985 their focus …

… Ottawa, ON -- (December 18, 2015) – New research released today from the Canadian Payments Association (CPA) shows … and industry consultants. To assess the evolution of the market over time, the researchers have developed and …

… growth in transaction value OTTAWA, October 4, 2022 – Today, Payments Canada released its annual Canadian Payment … The report reveals that the total Canadian payment market grew by four per cent in volume and 15% in value from … to pre-pandemic levels in Q4. Overall, the total payments market in Canada grew in 2021 driven by increased use of …

… payment ecosystem to remain globally competitive in today’s digital economy. In 2017, the Competition Bureau of … union locals and clearing houses of designated financial market infrastructures to become members of Payments Canada. … to evolve, strong competition policies can ensure that all market participants have an equal opportunity to compete …

… at RBC. As the Canadian representative on SWIFT’s Payments Market Practice Group (PMPG) and a member of Payments … transforming the way we think about the payment experience today. The ability to have a common payment standard that … reconcile accounts. How does your role on SWIFT’s Payments Market Practice Group (PMPG) and the Lynx MX Management …

… issues or challenges that Canadian small businesses face today? There is no doubt that the payment processing … get the policies and infrastructure right to encourage new market entrants and innovations among existing players. You … system. While there are many new exciting fintechs in the market, I’m hoping Canada can get Open Banking and the RTR …