Our goals
In the interest of our members, Canadian consumers, businesses, and government, we are a not-for-profit association working to improve Canada’s national payments system. We have three primary strategic goals:
Offer greater choice
Have an Open Banking framework implemented in Canada.
Improve critical infrastructure
Have a modern payment system deployed, such as a Real-Time Rail.
Broaden payment access
Have PayTech firms directly participate in the payment system.
Member benefits
As a member, you have the opportunity to challenge roadblocks facing PayTech firms and drive change that will provide your business with unparalleled opportunities. You will be informed of industry updates impacting your business and receive exclusive access to information through our members-only portal.
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What our members have to say
Canada is among the most immigrant-reliant advanced economies, attracting people from all around the world. As a result, there is a growing need for better, safer money transfer solutions for those who need to send money to their family, friends and loved ones. Joining Paytechs of Canada will help contribute to our mission of helping Canadians connect globally and providing cost-effective money transfer services that are convenient and accessible.
“If we are going to make any material progress in support of Open Banking and the Real-time Rail in Canada, the PayTech industry needs a strong advocate that is independent from the incumbent legacy banks. That voice is PayTechs of Canada.”
EQ Bank is excited to be joining Paytechs of Canada. In coming together with other Canadian banks, fintechs and paytechs through this organization, we can collectively advocate for positive change in the payments ecosystem.