Payments Canada

The Canadian economy depends on the exchange of billions of dollars each day. Payments Canada is responsible for the clearing and settlement infrastructure, processes and rules essential to those transactions.They are delegated by the Canadian Government to support a vibrant economy by helping to meet the payment needs of consumers and business, and empowering a new era of modern payments.They are headquartered in Ottawa with approximately 230 full-time staff and operate under a board of directors. They are a public purpose, non-profit organization fully funded by the financial institutions that participate in our systems.