Payment Academy
We created Payments Academy as a way for Canadians whether working in the financial industry or just curious about how financial systems work to learn more about the exciting world of payments. Payments Academy is organized in to several videos each dealing with a specific topic such as modernization. Check back as more videos get added to the series.
Payments Modernization 101
Data-Rich Payments
Canada and countries around the world are moving to a new payments message standard that supports larger amounts of data to be transmitted in a payment. What does that mean for Canadians? Payments carrying more information with each transaction, better interoperability, more convenience and opportunities for economic efficiency, to name a few benefits. It’s all part of modernizing Canada’s payments system. Learn more about data-rich payments and the coming changes for Canada and the world.
Supporting Materials
For information about payments modernization please visit modernization.payments.ca
Understanding Payments
The following videos are part of Payments Canada's original Learning Exchange series.
Module 1 – Intro to CPA
Module 2 – Automated Funds Transfers
Module 3 – Cheques
Module 4 – EDI and Bill Payments
Module 5 – POS and Online Payments
Module 6 – Large Value Transfer System