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 A lack of competition has allowed inefficiencies to creep into the market due to aging or outdated technologies, processes, or policies.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

“Beyond highlighting the inefficiencies in Canada’s payments system, PayTechs of Canada promotes competition and effective regulations. They provide a unified voice and coordinated action to affect positive change, so Canadians will be better served by this critical infrastructure.”

Mark Ripplinger,
President & CEO,
Everlink Payment Services

“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

“PayTechs represent an alignment with everyday Canadians that has been missing for much too long. It’s essential Canadians have their voice heard and PayTechs is the best vehicle to do so.”

Daniel Eberhard,
CEO,
Koho

Check out our latest

Part 1: PayTechs of Canada Interview of Competition Commissioner, Matthew Boswell

Posted in: Articles

In late 2020, I had the opportunity to engage Canada’s Commissioner of Competition, Matthew Boswell in discussion to gain his perspective about the evolution of Canada’s payments system, and the importance of promoting a competitive marketplace for the benefit of Canadians and the Canadian economy. The second part of this two-part interview will be released next week, January 28, 2021.

2021: Out with the old, in with the new, or more of the same?

Posted in: Articles

Clearly 2020 has been a tumultuous year for consumers, businesses, and the overall economy. Unfortunately, there have been many business casualties linked directly to the Covid-19 epidemic which translate into further issues and challenges for the average Canadian.

PayTechs of Canada welcomes Interac as its newest member

Posted in: News

December 8, 2020: PayTechs of Canada, Canada’s only national association dedicated to the enhancement of  Canada’s payments system and the opportunities for PayTech/Payment Service Providers in Canada is pleased to announce the addition of Interac as the newest general member to the PayTechs of Canada Association.