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
“High entry barriers have contributed to a lack of competition in Canada. Being a member of PayTechs of Canada means that, together, we can drive positive change in the payments system and help Canada compete on a global scale.”
“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 Outdated and unnecessary regulations hinder innovation and payments system performance, but change is difficult.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.”
“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.”