PayTechs of Canada

It’s time to better the Canadian payment experience. Join us.

Canada’s payments lag behind​

The Canadian payments services marketplace has been slow to introduce innovative products and services seen on the global stage. A lack of competition has allowed inefficiencies to creep into the market due to aging or outdated technologies, processes, or policies.

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

“PayTechs of Canada helps keep us informed and engaged on legislative and regulatory developments that might impact TransferWise and our customers.”

Nick Catino,
Head of Policy & Campaigns (Americas),
TransferWise

“As an emerging industry, it is critically important PayTechs come together to ensure the appropriate regulatory framework to allow us to effectively compete. PayTechs of Canada is the best way for our voice to be heard.”

Robert Hyde,
President,
Payment Source Inc.

“As a fintech company, we actively invest in staying at the forefront of payments technology. PayTechs of Canada creates a forum that furthers the agenda of making the payments ecosystem robust, competitive, and progressive. We’re delighted to participate in this initiative.”

Sandeep Todi,
Co-founder & Chief Business Officer,
Remitr

Check out our latest

Real-Time Rail Policy Framework

Posted in: Policy Positions

PayTechs of Canada has formally responded, highlighting the urgent need to expand access to the payments system in order to improve efficiencies, reduce costs and introduce innovation.  Further delays will hinder Payments Canada from fulfilling on their legislated mandate.

Ready for take-off: Mobile payments in a post-COVID Canada

Posted in: Articles

By Everlink Payments Services & PayTechs of Canada Member, October 2020: The year 2020 will go down as a year to remember, but not necessarily for the good things. The measures put in place to control the COVID-19 pandemic have wreaked havoc on the economy and have had a major impact on the confidence, income, and expenditure of Canadians.

Access delayed is access denied

Posted in: Articles

Have you ever wondered how our payments system could be improved to service our individual lives better? Wonder no more, and simply look at the new emerging payment-related services available across Europe, Asia, Australia and Africa. Whether seeking financial advice, budget services or integrated inventory controls, the options abound.