Who We Work With

We convene and collaborate across the payments ecosystem. Through formalized processes and regular interactions, we work with our member financial institutions, the federal government, the Bank of Canada, our national stakeholders and international counterparts to provide and improve the payment clearing and settlement systems in Canada.

MembersStakeholdersRegulators

The many stakeholders and steps involved in making payments happen in Canada point to the unique nature of our organization. Our stakeholder base is increasingly diverse and multidisciplinary.


Understanding the payments ecosystem 

A look into the intricate network of stakeholders that occupy the payments ecosystem. Beneath the simple notion of a payment - transferring value from one party to another - is a deeply intricate network of organizations, technologies, regulations and interests. While Payments Canada plays a critical role, so many other actors are essential for the safety, flexibility, speed and convenience of Canadian payments. 

Learn more by exploring the paytech industry in Canada and our Payments Academy video series.

Paytechs in Canada Payments Academy 

Diagram explaining the paytech layers; transaction layers, enabling layers, supporting functions.