Canadian Payments Association (CPA) seeks corporate input on Canadian Payments

The Canadian Payments Association (CPA) is seeking the input of Canadian corporates in a new online survey about payment processes, needs and preferences. The survey is part of the CPA’s comprehensive consultation on the roll out of an internationally recognized payment message standard in Canada - ISO 20022.

ISO 20022 is more than just a technical standard. It’s a tool with which the CPA is creating new possibilities in Canadian payments. “We are eager to leverage the full potential of the ISO 20022 payments standard for the benefit of Canadians” said CPA’s President and CEO. “But to do so, we need your input.”

Survey responses will help ensure that broad corporate perspectives on issues such as remittance information, straight-through processing, and automated reconciliation are recognized, understood and considered.

Canadian corporates of all sizes are encouraged to complete the survey before September 30, 2015.