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In today’s top payments news around the world, Payments Canada will work with Interac Corp. to function as the exchange service provider for the country’s Real-Time Rail (RTR), while economists are convinced that a double-dip economic recession is ahead for the eurozone. Plus, a new...
Following a selection process that included the Bank of Canada, Payments Canada will partner with Interac Corp. to serve as the exchange solution provider for the country’s Real-Time Rail (RTR). Expected to be introduced next year, the RTR will be operated by Payments Canada and...
In today’s top payments news around the world, Visa is rolling out a new program meant to link European financial institutions (FIs) and merchants with cutting-edge digital payment offerings, Payments Canada is teaming with Mastercard’s Vocalink to advance a new Real-Time Rail (RTR) payment system....
March 19, 2019
Is there a hotter topic — a buzzier buzzword, one might term it — than cashless? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]
February 12, 2018
It took a while but the new Interac debuted earlier this month, bringing together two companies and disparate functions across payments, from transactions to R&D. Interac CEO Mark O’Connell lays...
February 07, 2024
Payments Canada, the public purpose organization responsible for owning and operating Canada’s payment systems, is undergoing a leadership transition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]
March 02, 2021
Following a selection process that included the Bank of Canada, Payments Canada will partner with Interac Corp. to serve as the exchange solution provider for the country’s Real-Time Rail (RTR)....
November 12, 2020
Payments Canada is teaming up with Mastercard’s Vocalink for clearing and settlement for the country’s new real-time payments system, the Real-Time Rail (RTR). Get the Full Story Complete the form...
December 16, 2019
The Payments Canada Board of Directors has announced the appointment of Tracey Black as new president and CEO, replacing Gerry Gaetz. Black will take over the job starting on March...