August 21, 2024 Case scenarios about e-commerce web building tools, payment gateways and acquiring services 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.
August 21, 2024 Case scenarios about remittance service providers 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.
August 21, 2024 Case scenarios about securities exclusion The following fictional case scenarios illustrate the application of the securities exclusion in paragraph 6(b) of the Retail Payment Activities Act.
August 21, 2024 Case scenarios about holding funds The following fictional case scenarios provide examples to help providers identify whether they perform the payment function of holding funds.
August 21, 2024 Criteria for registering payment service providers 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.
August 21, 2024 Retail payments supervision: Supervisory policies and guidelines Access all supervisory policies and guidelines on registration, supervision and enforcement related to the Retail Payment Activities Act and the Retail Payment Activities Regulations.
August 21, 2024 Acquisitions of control and prescribed changes 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.
Price Discounts and Cheapflation During the Post-Pandemic Inflation Surge Staff Working Paper 2024-31 Alberto Cavallo, Oleksiy Kryvtsov We study how price variation within a store changes with inflation, and whether households exploit these changes to reduce the burden of inflation. We find that price changes from discounts mitigated the inflation burden while cheapflation exacerbated it. Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, Inflation: costs and benefits, Market structure and pricing JEL Code(s): E, E2, E21, E3, E30, E31, L, L8, L81