The Canadian Payments Association (CPA) is the organisation that operates a payment clearing and settlement system in Canada. The organisation is a not-for-profit organization that:
- operates and maintains national systems for the clearing and settlement of payments and other arrangements for the making or exchange of payments;
- facilitates the interaction of the CPA’s systems with others involved in the exchange, clearing and settlement of payments; and
- facilitates the development of new payment methods and technologies.
Read more about Canadian Payments Association: Clearing and Settlement Systems, Statistics, History and Governance, Consultation, Activities, Biennial Conference: Payments Panorama
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