PAYMENTS CANADA

Payments Canada has formed a critical part of Canada's financial market infrastructure for over four decades. The Canadian Payments Association was created by the Canadian Payments Association Act in 1980, now known as the Canadian Payments Act (CP Act). The Canadian Payments Association operates under the brand name of Payments Canada. We lie at the heart of the Canadian financial system, facilitating the clearing and settlement of payments between our members to support the financial and economic well-being of all Canadians... Payments Canada underpins the Canadian financial system and economy by owning and operating Canada's payment clearing and settlement infrastructure, including associated systems, by-laws, rules and standards... The Canadian economy depends on the exchange of billions of dollars each day. Payments Canada ensures that these financial transactions in Canada are carried out safely and securely. We are a public purpose, non-profit organization fully funded by our..

Also known as: payments

Primary location: Ottawa