This session will feature researchers from Payments Canada discussing consumer and business payment findings from the latest industry and market research. The presentation will provide insights into the environments where traditional payments and emerging payments are competing.
The marketplace for payments in Canada is changing. New technology is driving innovation to both products and services to help Canadian consumers make purchases. Various Canadian policymakers are considering proposals to adjust the policy landscape to reflect these changes. This panel will explore how policymakers should consider new payments technologies.
In a world where emails are free, why should payments cost anything? Once the payments modernization plan is fully executed and allows for increased access, expect new business models and strong competition to emerge. Consumers will be the real winners.