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… services provided. In addition to the routing and central clearing services that command a fee, issuer banks provide …
… Cheque use is steadily declining as electronic alternatives … in popularity, but Canadians still use close to a billion cheques each year. … Pre-authorized debits (PADs) are a … to receive payments, an example of this is having your pay cheque deposited directly into your bank account. … One of …
… enhanced access and inclusivity to Payments Canada and the clearing and settlement system for our membership and more … Trust recently became a participant on our Automated Clearing Settlement System, ACSS. The system that processes … have moved to faster data-rich 24/7, 365 payments, our core clearing and settlement payment systems need to keep pace. …
… Lynx for our high value transactions and the Automated Clearing Settlement System or ACSS, which is known as our …