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… the past few years has shown continued declines in cash transactions. More than a quarter of cash users say they … that kind of stuff. The other is this gray area where the transaction cost of non-cash is driving behaviors and even … payment in the country. In fact, it's still used for 30% of transactions. I think in our latest Canadian Payments …
… right now we operate two systems; Lynx for our high value transactions and the Automated Clearing Settlement System or … payment system. Think of Lynx as high value, low volume [of transactions] and ACSS as low value but higher volume [of transactions]. We're also working on an entirely new payment …
… Rail will enable this transformation while ensuring transactions are safe and secure. … As the fourth quarter of … (ACSS) and Lynx have cleared and settled over 9.1 billion transactions valued at more than $106 trillion. … A key …
… plus de 476 milliards de dollars par jour ouvrable. Les transactions traitées par ces systèmes comprennent les …
… to accept all sorts of payments. As it stands most of our transactions are fairly small in comparison to other … where the average spend if just over $150. Majority of our transactions are completed electronically in some form which … stack up too well, to be honest. I have noticed those transaction fees are enormous and those time delays are as …
… funds instantly and with more data, resulting in smarter transactions that save time and money. Expedited business …
… 500 milliards de dollars par jour ouvrable. Les transactions traitées par ces systèmes comprennent les …
… each day. Payments Canada ensures that these financial transactions in Canada are carried out safely and … transfer funds from one person to another. Many of these transactions involve customers from two different financial …
… really welcome something that made those international transactions more painless. Right? David Cravit: I think for …
… and settlement infrastructure that is critical to those transactions. Last year in 2020, Payments Canada systems … processed, line by line by the RTR, which means that every transaction goes through the system and is subject to risk …