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… the last review of Rule H1, new services, users, and technology processes have arisen, prompting a review to ensure … its Stakeholder Advisory Council, was established in November 2020 to review identified issues within the PAD … framework and conduct a thorough analysis of the various options for consideration to address these issues.  We …

… become law. The changes were included in the 2023 Fall Economic Statement Implementation Act , also known as Bill C-59 , and will come into force on a day/days … could mean more inclusive, accessible or affordable payment options. However, expanded membership is just one piece of …

… the parts of a car. That would make communicating with one another rather difficult. You don’t really have to imagine it … call a cylinder block, others might call an engine block. Now add in the extra wrinkle of speaking different … the need to send and reconcile multiple payments. More Options with Data-Rich Payments - A business has multiple …

… payments system to provide a platform that helps drive innovation and provides Canadians with convenient, safe, and efficient payment options. This includes examining trends shaping the payments … and safe base for the private sector to compete and innovate for the benefit of all Canadians, and maintain our …

… of government payments for Canadians.  Payments Canada acknowledges the significant effort by the ecosystem to deliver …

… volume from 2021. Nearly half (48 per cent) of existing buy now, pay later (BNPL) users increased usage in 2022. While … “We have seen a dramatic shift towards digital payment options over the past five years. Evolving technologies will continue to influence how Canadians make and …

… Evolving technology and payments innovation continues to transform the … payments preferences can be impacted by available payment options. For example, contactless payments. While these are … We saw people starting to get used to using things like QR codes, because you were certainly in the UK, we were using …

… reflect the interests and views of the author(s), and are not intended as an official Payments Canada statement or … with merchants, a variety of electronic payment instruments options for conducting e-Commerce and the use of INTERAC … unless some difficult challenges are addressed. Further innovation is required to better serve rural, lower income, …