PYMNTS-MonitorEdge-May-2024

canada

Tabit and Lenovo Partner to Offer B2B BNPL in Canada
Tabit and Lenovo Partner to Offer B2B BNPL in Canada
March 14, 2023  |  Buy Now Pay Later

Tabit  and Lenovo have partnered to offer business-to-business (B2B) buy now, pay later (BNPL) in Canada. With this collaboration, Tabit’s B2B BNPL payment method will...

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Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
March 02, 2023  |  Retail

Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations...

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Mastercard Says Canadian Small Businesses Bullish on Open Banking
Mastercard Says Canadian Small Businesses Bullish on Open Banking
February 09, 2023  |  Digital Banking

Canadian small business owners have embraced open banking, but want better access to digital tools. That’s according to a survey released Thursday (Feb. 9) by...

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Clik2pay Enables Shopify Online Merchants to Accept Debit Payments
Clik2pay Enables Shopify Online Merchants to Accept Debit Payments
January 17, 2023  |  Retail

Clik2pay now enables Shopify online merchants to accept payments directly from Canadian customers’ bank accounts. This direct-from-account payment option gives Canadian consumers the choice of...

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India’s UPI Paves Path for Global, Interoperable Real-Time Remittance Network
India’s UPI Paves Path for Global, Interoperable Real-Time Remittance Network
January 11, 2023  |  Cross-border Payments

India is paving the path to payments interoperability — not just across providers, but across borders. For payments to become truly ubiquitous — especially real-time...

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Sezzle Expands Credit-Building Service to Canada
Sezzle Expands Credit-Building Service to Canada
December 29, 2022  |  Buy Now Pay Later

Sezzle is now offering its credit-building service Sezzle Up in Canada. Already available in the United States, Sezzle Up now enables users of Sezzle’s buy...

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Canadian Businesses Swap Checks for Commercial Cards
Canadian Businesses Swap Checks for Commercial Cards
December 20, 2022  |  B2B Payments

Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New...

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Canada Expands Oversight Into Crypto Platforms
Canada Expands Oversight Into Crypto Platforms
December 13, 2022  |  Cryptocurrency

Canada has joined a list of countries increasing oversight into cryptocurrencies following the FTX collapse. The Canadian Securities Administrators (CSA) said in a Monday (Dec....

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Canadian Pension Fund Eyed Crypto and Said Never Mind
Canadian Pension Fund Eyed Crypto and Said Never Mind
December 07, 2022  |  Cryptocurrency

Canadian pension fund CPP Investments has reportedly stopped any consideration of investments in cryptocurrency.  The firm has made no direct investment in crypto but had...

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