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 A lack of competition has allowed inefficiencies to creep into the market due to aging or outdated technologies, processes, or policies.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

In response to global drivers, PayTechs of Canada provides members a strong voice at the table with policy-makers to push for innovative solutions for Canada.
Suganthan Vishnu Krisnarajah,
CEO,
AptPay

“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.”

Marcus Dagenais,
President,
Payroc

“Canada can be a global leader in financial technology, and PayTechs of Canada is the catalyst that unites Canada’s most innovative PayTechs.”

Jim Hinton,
Founder,
Own Innovation

Check out our latest

ISO 20022 Hackathon

Date of Event: March 12, 2021

Posted in: Events

ISO 20022 Hackathon, Mar 12, 2021 1:00 a.m. ET to  Mar 19, 2021 12:59 p.m. ET

Canadians lose when policy keeps paytechs small

Posted in: Articles

All paytechs operating in Canada need the chance to get big. It’s a self-interested thing for me to say. It may even sound banal. But it needs to be said because bigness is underrated, and outdated policy stands in the way of many paytechs getting bigger.

PayTechs of Canada announces new Executive Director

Posted in: News

PayTechs of Canada is pleased to welcome Alex Vronces as its new Executive Director, effective February 1st.