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
Flinks is excited to join Paytechs of Canada and be a part of their mission to increase competition in Canada’s payments sector. Canadian consumers stand to benefit from reduced transaction costs, and we believe Paytechs of Canada is a formidable agent of change to help our country get there
“Payments must be regulated to remain efficient. Outdated and unnecessary regulations hinder innovation and payments system performance, but change is difficult. The PayTechs of Canada association has the expertise and breadth of experience to promote safe, innovative, and lower-cost payment services.”
Zum Rails has joined the Paytechs of Canada because we believe payments in Canada are at a crossroads, and we want a seat at the table to ensure the future of domestic payments stays focused and on track. We believe that there is limitless potential for Canadian Paytechs with even the slightest improvement on the existing payments rails, but it has remained relatively unchanged for decades.