Resources for payment service providers

This supervisory policy provides an overview of annual reporting requirements and clarifies how the Bank of Canada expects payment service providers to comply with those requirements.

This supervisory policy outlines the retail payment activity metrics that payment service providers must report at registration.

This supervisory guideline explains the significant change and new activity notice requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank expects payment service providers to comply with them.

This supervisory guideline explains the incident reporting requirements applicable to payment service providers subject to the Retail Payment Activities Act and provides clarity on how the Bank expects payment service providers to comply with them.

This supervisory guideline is intended to help payment service providers subject to the Retail Payment Activities Act comply with their obligations related to the identification and mitigation of their operational risks as well as their response to incidents.

These fictional case scenarios provide more details about the following payment functions performed in relation to cryptocurrencies: provision or maintenance of an account; holding of funds on behalf of an end user; initiation of an electronic funds transfer at the request of an end user; authorization of an electronic funds transfer or the transmission, reception or facilitation of an instruction in relation to an electronic funds transfer.

The following fictional case scenarios provide examples of payment functions that are, and are not, incidental to a consumer lending business.

The following fictional case scenarios provide examples to help providers identify whether they perform the payment function of holding funds.

The following fictional case scenarios provide more detail about performing the following payment functions: initiation of an electronic funds transfer (EFT) and the authorization of an EFT or the reception, transmission, reception or facilitation of an instruction in relation to an EFT.

The following fictional case scenarios provide examples of incidental activities under the Retail Payment Activities Act, especially in the context of card program managers.