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CANADIAN PAYMENTS SYSTEM
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CANADIAN PAYMENTS SYSTEM
Annotation
PII
S268667300000616-7-1
Publication type
Article
Status
Published
Authors
Evgeny Khoroshilov 
ORCID: 0000-0002-3738-9035
Edition
Issue 7 (535)
Pages
73-86
Abstract
The article is devoted to the development of the Canadian payments system. It describes the framework for interbank settlement and clearing of payments in Canada, analyses the structure of the Canadian payments market, and assesses prospects for new payments technologies, including NFC-based platforms.
Keywords
Canadian financial system, payments system, credit cards, debit cards, mobile wallets, Canadian payments association, near field communications, NFC, Interac
Date of publication
11.07.2014
Number of purchasers
1
Views
1003
Readers community rating
0.0 (0 votes)
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References



Additional sources and materials

1. Metodologicheskie osnovy standarta ISO 20022. Bank Rossii (http://www.cbr.ru/today/payment_system/P-sys/method_ISO_20022.pdf)
 2. Bergevin P., Zywicki T. Debit, Credit and Cell: Making Canada a Leader in the Way We Pay. C.D. Howe Institute. Commentary No. 353. June 2012 (http://www.cdhowe.org/pdf/Commentary_353.pdf)
 3. CPA Payments Strategy: Vision 2020. The Canadian Payments Association (http://www.cdnpay.ca/imis15/pdf/pdfs_news/payments_strategy_vision_2020.pdf)
 4. Credit Card Statistics - VISA and MasterCard. Canadian Bankers Association (http://www.cba.ca/contents/files/statistics/stat_cc_db038_en.pdf)
 5. Examining Canadian Payment Methods and Trends. October 2012. The Canadian Payments Association (http://www.cdnpay.ca/imis15/pdf/pdfs_publications/examining_ canadian_payment_report_2012.pdf)
 6. Flow of Payment Items Through the Automated Clearing Settlement System. The Canadian Payments Association (http://www.cdnpay.ca/imis15/eng/Publications/ Statistics/eng/res/acss_quarterly_stats_2013.aspx)
 7. LVTS Volume and Value Summary - 2013. The Canadian Payments Association (http://www.cdnpay.ca/imis15/pdf/pdfs_publications/stats_lvts_2013.pdf)
 8. Shearer R.A., Chant J.F., Bond D.E. The Economics of the Canadian Financial System: Theory, Policy and Institutions. 3rd Edition. Scarborough, 1995. 898 p
 9. Moving Canada into the Digital Age. Task Force for the Payments Systems Review. 2011 (http://paymentsystemreview.ca/wp-content/themes/psr-esp-hub/documents/rf_eng.pdf)
 10. The Financial Post
 11. The Globe and Mail
 12. The Way We Pay - Transforming the Canadian Payments System. Task Force for the Payments Systems Review. 2011 (http://paymentsystemreview.ca/wp-content/themes/psr-esp-hub/documents/TWWP - English.pdf)

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