Tagged: Payments Canada

Payments Canada selects Interac as the exchange solution provider for the Real-Time Rail payments system

Pragya Sehgal

Published: March 2nd, 2021

Prairie credit unions choose IBM Canada for payments modernization 

Alberta Central, SaskCentral and Credit Union Central of Manitoba have come together to form Prairie Payments Joint Venture (PPJV), and earlier this week, signed an eight-year, $100+ million dollar agreement with IBM Canada

Published on: May 14th, 2020 Pragya Sehgal

A new Google Cloud Platform region to come to Toronto

Google Cloud is building a new platform region in Toronto to support its expanding customer base in Canada, the company announced in a blog post today.  It will launch with the company’s core

Published on: March 5th, 2020 Pragya Sehgal

Payments Canada enables wider use of digital debit payments 

Payments Canada says it's making it easier for merchants to offer debit as an alternative to cash thanks to new regulations. The latest rule called the Exchange of Point-of-Service Delayed Authorization Debit Payment

Published on: February 3rd, 2020 Pragya Sehgal

Payments Canada report says nearly 75% of all payments are digital, and online transfers surge

Debit and credit card use in Canada still reign supreme, Payments Canada recently revealed in its annual Canadian Payment Methods and Trends report. Payments Canada provided an insight into both year-on-year and five-year

Published on: December 11th, 2019 Pragya Sehgal

Canada’s payments modernization effort chugs towards ‘real time rail’ by end of 2019

Do you remember what making payments was like in the year 2000? At a restaurant, you'd either be counting out your pennies and calculating the tip percentage in your head. Or if you

Published on: September 18th, 2018 Brian Jackson

Half of Canadians have abandoned a purchase at checkout, Payments Canada finds

A new survey by Payments Canada has discovered that just over half of Canadians have abandoned a purchase just before checking out. To be specific the survey, conducted on behalf of the Ottawa-based

Published on: August 16th, 2018 Eric Emin Wood

Consumers still prefer using cash to buy – for now: Payments Canada

Cash continues to be the preferred method of payment for the majority of Canadians, but its popularity isn't worth much. According to Payments Canada's latest "Canadian Payment Methods and Trends" report, released Thursday,

Published on: November 17th, 2016 Eric Emin Wood