Does My Business Need to Register Under Canada’s RPAA?

Businesses that perform certain retail payment activities in Canada, or provide payment services to customers in Canada, may need to register with the Bank of Canada under the Retail Payment Activities Act (RPAA).Whether RPAA registration is required depends on the payment functions a business performs, whether those activities involve electronic funds transfers, where the business [...]

By |2026-10-16T05:03:13-07:00October 16th, 2026|Blogs, RPAA|0 Comments
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RPAA Guidance: What does a good Safeguarding Framework look like? A brief guide

Safeguarding of client funds continues to be a high priority in the payments markets globally and the new RPAA rules require all Canadian Payment Service Provides to have a written Fund Safeguarding Framework describing their systems and controls; policies and procedures; monitoring and oversight; and other relevant documentation to ensure end user finds are [...]

By |2026-02-27T06:17:11-07:00February 27th, 2026|Blogs|Comments Off on RPAA Guidance: What does a good Safeguarding Framework look like? A brief guide
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