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PayTechs of Canada

It’s time to better the payment experience.
Join us.

Canada’s payments lag behind

The Canadian payments services marketplace has been slow to introduce innovative products and services seen on the global stage. A lack of competition has allowed inefficiencies to creep into the marketplace as a result of aging or outdated technologies, processes or policies.

About

Who we are

Established in May 2019, PayTechs of Canada is a not-for-profit association that provides a harmonized voice for PayTech firms.

Our mission

To achieve the best possible payment experiences for Canadians by promoting competition through solutions-oriented advocacy and education.

Our goals

We are working to improve payment systems and the users’ experiences, with greater efficiencies, enhanced safety, and increased innovation. We believe this can be achieved through more effective industry regulation and greater competition.

Offer choice

Open banking

Users should have control
over their own data

Build foundations

Real-time rail

Payments should be instant,
secure and convenient

Promote competition

Payment initiation

Competition should drive
innovation and reduce cost

“PayTechs of Canada will be the go-to platform to help inform regulators, stakeholders and Canadians as to how this industry needs to evolve. Not participating is not having a voice in that discussion.” – Daniel Eberhard, CEO, KOHO Financial Inc.

Member benefits

Have a voice

Your view on regulatory
and non-regulatory reforms will
be shared through
PayTechs of Canada to the right
government bodies

Be informed

You will receive
communications on
legislative and regulatory
developments that impact
the PayTech industry

Drive change

Your participation can
impact policies that will
offer your business greater
opportunities in the
payments system

Membership fees

We are a not-for-profit association. We rely on the support of the PayTech community and our members to advance the industry dialogue on obstacles impeding the growth of PayTech firms in Canada.

Annual revenues

Annual membership fees

Less than $500K

$2,500

Between $500K and $1M

$5,000

Between $1M and $5M

$7,500

Between $5M and $10M

$10,000

Between $10M and $15M

$15,000

Exceeding $15M

$20,000

Our pillars for success

Research

Research Conduct primary research on the PayTech marketplace in Canada, including market segmentation, growth and investment levels to support the achievement of our mandate.

Policy development

Identify regulatory and non-regulatory obstacles impeding the growth of PayTech firms in Canada and engage the appropriate government departments and elected officials.

Voice of the industry

Secure the views of members on challenges in the current payments system and will leverage an array of communications to bring greater awareness to issues and potential solutions.

Community of interest

Advance industry dialogue and affect positive change as the only national collaborative forum for firms that develop and utilize technology to improve the payments system.