Payments Canada
BankingOntario, Canada201-500 Employees
Payments Canada is a nonprofit, public-purpose organization in the banking industry that administers Canada's national payment clearing and settlement infrastructure, processes, and rules essential to everyday transactions. The organization is headquartered in Ottawa, Ontario, with an additional office in Toronto, and employs between 201 and 500 people. It operates under a board of directors and is fully funded by the financial institutions that participate in its systems, reflecting a mandate delegated by the Government of Canada. Its mandate is to support a vibrant economy by meeting the payment needs of consumers and businesses and enabling a new era of modern payments. Its reported annual revenue falls within the range of $25 million to $50 million.
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