Public institutions and governments at the municipal, provincial and federal levels will benefit from the Modernization of Canada’s payments systems. The new systems will facilitate fast, data-rich payments, allowing funds to travel faster between levels of government and to other countries.
The following are use cases that demonstrate the benefits of Modernization.
Emergency Government Payments
A government agency or NGO can instantly distribute funds to victims of natural disasters and offer immediate support in distress situations.
Bundling Social Service Payments
A government agency bundles multiple social service disbursements into a single payment with all the information needed to understand the payment breakdown.