Data-Rich Payments | Payments Academy

Canada and countries around the world are moving to a new payments message standard that supports larger amounts of data to be transmitted in a payment. What does that mean for Canadians? Payments carrying more information with each transaction, better interoperability, more convenience and opportunities for economic efficiency, to name a few benefits. It’s all part of modernizing Canada’s payments system. Learn more about data-rich payments and the coming changes for Canada and the world.