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News

Member update

January 12, 2022

Payments Canada would like to recognize the following organizations that have become members over the past few years.

Motus Bank (January 10, 2019)
Peoples Bank of Canada (October 16, 2019)
The Manufacturers Life Insurance Company (May 6, 2020)
Canadian Shareowner Investments Inc./ Investissement Actionnaires Canadiens Inc. (December 2, 2021)

For 2022, Payments Canada has 111 members including banks, credit unions, life insurance companies and securities dealers. Please visit our members page to learn more about Payments Canada membership.

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Keep reading

Canada's Parliament building
News
November 22, 2023

Retail Payments Activities Act regulations finalized

Building momentum towards modern payments in Canada. The Government of Canada published the final Retail Payments Activities Act (RPAA) Regulations on November 22, 2023. Payments Canada commends the...
Learn more
Ontario Legislative Building in Queen's Park, Toronto
News
November 2, 2023

Ontario government supports modern payments

On November 2, 2023, the Ontario Government released its Fall Economic Statement (FES), Building a Stronger Ontario Together, which included support for payment modernization. “Payments Canada thanks...
Learn more
Tall building receding towards the sky with Canadian flags in the foreground
News
October 26, 2023

Explainer: Why is the financial industry calling for changes to...

What is the Canadian Payments Act? The Canadian Payment Act (CP Act) is the legislation that sets out Payments Canada’s role and responsibilities. It also determines what types of organizations are...
Learn more

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  • Systems & services
    • Payment systems
      • Retail batch payment system
      • High-value payment system - Lynx
      • Real-Time Rail payment system
      • System closure schedule
    • Payment services
      • Payment file validation service
      • Message validation service
      • Financial institutions file
      • Corporate creditor identification number database
      • APIs
    • Rules & documentation
  • Payment resources
    • Directories
    • Support guides
      • Consumer guides
      • Business guides
      • Financial institution guides
      • Cheque Printer Guide
    • ISO 20022
      • Automatic funds transfer
      • High-value payment system - Lynx
      • Real-Time Rail payment system
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