Resources for payment service providers

This supervisory policy explains how applicants should proceed when making changes to the information they provided as part of their application to become a registered payment service provider.

This supervisory policy helps individuals and entities determine if they are subject to the Retail Payment Activities Act and if they should register with the Bank.

The following fictional case scenarios illustrate the application of the securities exclusion in paragraph 6(b) of the Retail Payment Activities Act.

The following fictional case scenarios provide examples to help providers identify whether they perform the holding funds payment function, especially in the context of cross-border remittances.

The following fictional case scenarios provide examples of incidental activities under the Retail Payment Activities Act.

The following fictional case scenarios provide examples of payment functions, namely the initiation of an electronic funds transfer (EFT) at the request of an end user, and the authorization of an EFT or the transmission, reception or facilitation of an instruction in relation to the EFT. They also provide examples of incidental activities under the Retail Payment Activities Act.

This supervisory policy explains how a registered payment service provider (PSP) should assess whether it will be the subject of a planned acquisition of control or a prescribed change.

This supervisory policy provides an overview of what the Bank of Canada will consider when determining whether a “significant adverse impact” is occurring or has occurred.

This supervisory policy outlines the roles of the Executive Director of Payments, Supervision and Oversight and the Managing Director of Supervision. It also describes their responsibilities related to the Bank of Canada’s retail payments supervision mandate.

This supervisory policy provides details on the Bank of Canada’s issuing of public notice for certain retail payments supervision and prescribed review decisions.