Learn about the committee's mandate, meetings and membership.
With the publication of the final regulations of the Retail Payment Activities Act (RPAA) in Part II of the Canada Gazette, the Bank of Canada has concluded its engagement with the Retail Payments Advisory Committee (RPAC). The Bank will continue to reach out and engage with stakeholders broadly as the retail payments supervisory framework rolls out.
Mandate
The Bank of Canada established the Retail Payments Advisory Committee (RPAC) in 2020 to gather industry expertise about the retail payment services landscape.
The committee provided advice to support the Bank’s work on the design and implementation of its retail payments supervision framework until December 2023.
For more information, consult the committee’s Terms of Reference.
Meetings and discussion material
October 18, 2021
Topics: Registration process, record keeping, annual reporting and information requests
RPAC Meeting (October 18 and 20, 2021)
Content Type(s):
Meetings
Source(s):
Retail Payments Advisory Committee
Outreach
- Reporting on the number and value of retail payment activities
The Bank of Canada sought written feedback from industry participants via RPAC to help inform the Bank’s supervisory approach for transaction reporting. This outreach is now closed.
Membership
The term of the committee was one year.
Chair
Ron Morrow
Executive Director of Payments, Supervision and Oversight
Bank of Canada
Past industry representatives
Ryan Yates
Apaylo
Gerry Gaetz
Clik2pay
Wayne Chen
EukaPay
Evgeny Grachev
Leav
Nina Mapara
Mastercard
Alice Davidson
MOGO
Faeron Trehearne
Moneris
Laurence Cooke
nanopay
Andrew Chau
Neo Financial
Rodney Shields
OTT Pay
Jason Young
PayPal
Robert Thibault
Ria
Wally Vogel
SparcPay
Saleha Ali
Square
Nuveen Dhingra
Stripe
Wayne Leung
Tappy Tech
John Zajic
Telpay
Christophe Attelé
Trendigo
Blair Wiley
Wealthsimple
Rosemary Gallagher
Western Union
Andrea Gildea
Wise