Minister of Finance Announces Task Force to Review Payments System
June 18, 2010
Today, Minister Flaherty announced the launch of the Task Force for the Payments System Review to help guide the payments systems in Canada.
CIPMA welcomes this big picture approach to evaluating Canada’s payments system especially in light of increasing merchant fees and an apparent power imbalance between merchants and the players of the payments system (issuing banks, credit card companies and processors).
For more information on the task force and their work: www.PaymentsSystemReview.ca