Payments Canada is Canada’s largest payment system. As taken from their website , this is what they do:
Canada’s national payments systems. Our Large Value System lets financial institutions and their customers send large payments securely, and our Retail System is where the vast majority of day-to-day Canadian commerce is cleared by our financial institutions. The value of payments cleared by Payments Canada’s systems in 2017 was approximately $50 trillion or $200 billion every business day. These encompass a wide range of payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, pre-authorized debits, direct deposits, bill payments, wire payments and cheques.
This is a brand new podcast is called The PayPod, and it would be interesting to see if they will maintain their streak and keep going or not. At the time of publishing of this post, the three podcast episodes that they have put up, are pretty decent.
Wishing them lots of luck and welcome to the fintech podcast club.
Ways to listen: