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… explores new trends in how Canada pays OTTAWA, December 10, 2018 - Canadian businesses and households are ready for better payment options, according to new data from Payments Canada. The … Canadians are increasingly choosing digital payments and adopting new payment channels, demonstrating a growing appetite …

… of the year, here’s a closer look at the retail payment options that consumers are using. These trends are important … showed the greatest transaction value growth among cards at 10 per cent. Canadians reported using prepaid cards to make … per cent last year). Having a diverse selection of payment options is important in attracting and retaining customers. …

… that the convenience of mobile payments is starting to be embraced by consumers as they increasingly opt for mobile contactless and in-app payments. We also … (debit cards are far away in second place at 14 per cent).10 When it comes to in-app payments, mobile phones are the …

… for inclusion and accessibility as future payment options and experiences are introduced. Note: This payment … be leveraged to increase accessibility and inclusion.  This brings us to several questions: what are the barriers to … disabilities Mobility disabilities affect more than one in 10 Canadians. 10 For individuals with mobility disabilities, …

… to the Canadian Payments Act will give credit unions more options to influence and participate in Payments Canada’s … 400 credit unions and caisses populaires serving about 10 million members. More specifically, two things come to … credit unions who are members of a central will have more options to influence and participate in Payments Canada’s …

… is the growing use of online transfers by businesses. About 10 per cent of online transfers were made by businesses, …

… as has use of e-Transfer. Digital online purchases bring almost anything we need to our doors with a click.  In … deposit is a faster, safer and more convenient payment option than cheque.  For COVID-19 benefit payments, direct … days. Direct deposit payments are not subject to any hold: 100% of funds are available immediately upon deposit. That’s …

… in Financial IT’s Special Sibos 2022 issue on October 10, 2022. For more information about Financial IT, please … at Payments Canada Financial IT: Mike, could you please briefly explain the history of Lynx, in the context of where … as an open and accessible system. It can and does capture most of the value that is exchanged daily through the …