[News](https://www.payments.ca/insights/news-research?field_article_type=24) # Member update December 22, 2025 As of December 2025, Payments Canada has 111 members from across Canada. A full list of member organizations is available on our [participant directory page](https://www.payments.ca/payment-resources/directories). Payments Canada would like to recognize the following organizations that have become members over the past few years: - Questbank - CI Investment Services Inc. - Santander Consumer Bank - Shakepay Inc. - Innovation Credit Union - Questrade, Inc. Payments Canada [membership](https://www.payments.ca/about/our-members-stakeholders/members) includes the Bank of Canada, domestic banks and authorized foreign banks, life insurance companies, securities dealers, money market mutual funds and other deposit taking institutions. [Amendments to the *Canadian Payments Act* in 2025](https://www.payments.ca/expanded-access-critical-payment-infrastructure-will-drive-competition-and-growth-canada) further expanded [membership eligibility](https://www.payments.ca/connect/membership) to include payment service providers as defined in the *Retail Payment Activities Act*, credit union locals that are members of a central, and clearing houses and systems designated under the *Payment Clearing and Settlement Act*. These additions reflect a growing and increasingly diverse membership, strengthening competition and innovation for the benefit of Canadian consumers and businesses. Payments Canada welcomes all eligible organizations to explore the [benefits of membership](https://www.payments.ca/connect/membership), a critical step to accessing Canada’s national payment infrastructure, by contacting us at . ![Share icon](https://www.payments.ca/modules/contrib/share_everywhere/img/share-icon.svg) - [](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.payments.ca%2Fmember-update-0) - [](https://x.com/intent/tweet?text=&url=https%3A%2F%2Fwww.payments.ca%2Fmember-update-0) - [](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.payments.ca%2Fmember-update-0) [Return to newsroom](https://www.payments.ca/insights/news-research) ## Keep reading [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News October 1, 2026 ### Payments Canada welcomes six new members as expanded membership... Twenty-two new members have joined since 2025 regulatory changes — a necessary step for those seeking access to critical national payment infrastructure, including the forthcoming Real-Time Rail... ](https://www.payments.ca/payments-canada-welcomes-six-new-members-expanded-membership-eligibility-reaches-one-year-milestone)[Learn more](https://www.payments.ca/payments-canada-welcomes-six-new-members-expanded-membership-eligibility-reaches-one-year-milestone) [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News September 25, 2026 ### Payments Canada names Stephan Orzechowski as Vice President... Payments Canada is pleased to announce the appointment of Stephan Orzechowski as Vice President, Strategic Partnerships and Business Transformation. Stephan will lead strategic vendor partnerships... ](https://www.payments.ca/payments-canada-names-stephan-orzechowski-vice-president-strategic-partnerships-and-business)[Learn more](https://www.payments.ca/payments-canada-names-stephan-orzechowski-vice-president-strategic-partnerships-and-business) [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News July 27, 2026 ### ACSS rule changes enhance payment system processes Updates provide expanded definitions and process efficiency Payments Canada has implemented a series of administrative and operational amendments to the Automated Clearing Settlement System (ACSS)... ](https://www.payments.ca/acss-rule-changes-enhance-payment-system-processes)[Learn more](https://www.payments.ca/acss-rule-changes-enhance-payment-system-processes)