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… payee through the intermediary of a financial institutions. Payments can be debit transfers or credit transfers … Payments …
… Retail payments are mainly consumer payments of relatively low value and urgency. … Retail payments …
… Payments Ecosystem …
… of monetary value between parties. The LVTS and ACSS are payments infrastructures owned and operated by Payments Canada and therefore governed by its by-laws, rules … Payments infrastructure …
… Payments system …
… depends on the exchange of billions of dollars each day. Payments Canada ensures that these financial transactions in … mandate Our legislated mandate, as set out in the Canadian Payments Act , includes the following objectives: Establish … operate national systems for the clearing and settlement of payments and other arrangements for the making or exchange …