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… and what departments you worked with? Victor Howard (VH): When the ACSS moved to a web-based system, Sylvain and I … directly with the ACSS Application Architecture team to get Central 1 and Payments Canada set up. This took about a … until the next day’s closing when the transfer payments did not balance. This would result in emails back and forth …

… Hydro-Québec is market-leading when it comes to payments modernization. Payments Canada … that?  We started preparing for payments Modernization by getting a clear understanding of our processes and … for the future. That requires an investment of course. How did you present the importance of these improvements to your …

… homes, 42 per cent say they avoided shopping at places that did not accept contactless payments, and 52 per cent tried not to exceed the contactless limit when buying something in-store. “The COVID-19 pandemic has … purchases, with 38 per cent using e-commerce platforms to get different products more often. Prioritizing food …

… by their financial institution or credit card provider when it comes to making payments. Of those that did experience payment fraud, 57 per cent of businesses and … safety of an e-commerce site and go with trusted sites only when buying online. Businesses feel better equipped to …

… possible for all business owners is real-time settlement. When settlement happens in “real time” as it is processed, … owners are not subjected to a waiting period and they get instant access to their hard-earned funds. Are you … now access is most clear for large financial institutions when the RTR  launches. For payment service providers to …

… institutions as they consider it? A: My advice is to get on board now. The landscape is quickly changing and your … clients need you. Plus, the demand is only going to get stronger as more businesses learn about the benefits of …  They need to understand how Canada has defined ISO and get this into their product roadmaps.   …

… compared to 38% six months prior. 32% are uncomfortable when they have to touch a debit or credit card payment … diverse purchases 50% are using e-commerce platforms to get different products more often than they used to, … 60% of Canadians report spending more on food than they did pre-pandemic, compared to 58% six months ago. 33% report …

… What is Central 1 doing to help its members and clients get ready for the new high-value payments system?  Our team … to support them in harnessing the value of that new data.   When it comes to the end benefit realizations of Payments …