Learn about the committee's mandate, meetings and membership.
The Bank of Canada established the Retail Payments Advisory Committee (RPAC) in 2020 to gather industry expertise about the retail payment services landscape.
The committee provided advice to support the Bank’s work on the design and implementation of its retail payments supervision framework until December 2023.
For more information, consult the committee’s Terms of Reference.
- Reporting on the number and value of retail payment activities
The Bank of Canada sought written feedback from industry participants via RPAC to help inform the Bank’s supervisory approach for transaction reporting. This outreach is now closed.
The term of the committee was one year.
Past industry representatives