Canada
CA
Regimes
2
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Bank of Canada (Retail Payment Supervision)
Companies
14
14 active licences
Passporting in
0
0 home states
Activities
5
/ 25
REGIMES IN THIS JURISDICTION
click a tier for its sourceREGIME · STATUTEACTSMIN CAPITALTIMELINEAPPLICATION FEE
MSB Registration / Federal / FINTRACProceeds of Crime · Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Cash withdrawal from a payment account, Currency conversion (FX) as a service, Money remittance +14/25 · 0 holders
no data
no data
no data
→Retail Payment Activities Act Registration / Federal / Bank of CanadaRetail Payment Activities Act · Bank of Canada (Retail Payment Supervision)
Execute payment transactions (direct debits, card payments, credit transfers), Money remittance2/25 · 14 holders
no data
no data
no data
→Licences issued here
14 activeSource: Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Bank of Canada (Retail Payment Supervision)’s public register, read 1 Sep 2026
| Company | Regulator | Licence | Covers | Granted |
|---|---|---|---|---|
| Adyen Canada Ltd | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 19 May 2026 |
| Checkout Payment Systems Canada Inc. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 15 Jan 2026 |
| Gemini Worldwide Inc. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 17 Oct 2025 |
| KOHO Financial Inc | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 06 Oct 2025 |
| Mastercard Transaction Services (US) LLC | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 10 Oct 2025 |
| Nium Canada Corporation | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 25 May 2026 |
| Nuvei Corporation | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 25 Mar 2026 |
| PayPal Canada Co. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 15 Jan 2026 |
| Remitly Canada, Inc. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 12 Feb 2026 |
| Shakepay Financial Inc. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 26 May 2026 |
| Square Canada Inc. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 19 Dec 2025 |
| Stripe Payments Canada, Ltd. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 24 Dec 2025 |
| Wealthsimple Payments Inc. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 08 Oct 2025 |
| Wise Payments Canada Inc. | Bank of Canada (Retail Payment Supervision) | Retail Payment Activities Act Registration | Payments | 16 Oct 2025 |
INBOUND PASSPORTING — REGIMES ELSEWHERE THAT REACH THIS MARKET
HOME REGIMENo inbound passporting reaches this jurisdiction.
ACTIVITIES PERMITTED IN THIS JURISDICTION
5Cash withdrawal from a payment accountConferred by MSB Registration / Federal / FINTRAC (for consumer, sme, corporate)
Currency conversion (FX) as a serviceConferred by MSB Registration / Federal / FINTRAC (for consumer, sme, corporate, via-intermediary)
Execute payment transactions (direct debits, card payments, credit transfers)Conferred by Retail Payment Activities Act Registration / Federal / Bank of Canada (for consumer, sme, corporate, via-intermediary)
Money remittanceConferred by MSB Registration / Federal / FINTRAC (for consumer, sme, corporate, via-intermediary); Retail Payment Activities Act Registration / Federal / Bank of Canada (for consumer, sme, corporate, via-intermediary)
Place cash on a payment accountConferred by MSB Registration / Federal / FINTRAC (for consumer, sme, corporate)
PRODUCTS AVAILABLE HERE
1PRODUCTCLIENT TYPESTATUSMISSING ACTIVITIES
Payoutsconsumer · SME · corporate · via intermediaryconditionalhypothetical—
Card issuingconsumer · SME · corporate · via intermediarynoneIssue payment instruments and/or acquire payment transactions, Issue card-based payment instruments (card issuing)
Cross-border remittanceconsumer · SME · corporate · via intermediarynoneCross-border remittance as a distinct commercial activity
Crypto off-ramp (crypto to fiat payout)consumer · SME · corporate · via intermediarynoneExchange crypto-assets for funds
Crypto on-ramp (fiat to crypto)consumer · SME · corporate · via intermediarynoneExchange crypto-assets for funds
IBAN accountsconsumer · SME · corporatenoneIssue IBAN accounts in the institution's own name
via intermediarynonePlace cash on a payment account, Cash withdrawal from a payment account, Issue IBAN accounts in the institution's own name
Merchant collectionsconsumer · SME · corporate · via intermediarynoneAcquire card-based payment transactions (card acquiring)
Stablecoin custodyconsumer · SME · corporate · via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients
Stablecoin orchestrationconsumer · SME · corporate · via intermediarynoneProvide custody and administration of crypto-assets on behalf of clients, Exchange crypto-assets for funds
CHANGES
Nothing to show yet. A change log needs two snapshots to compare, and history only began being recorded on 2026-08-14 — the builds captured so far differ by zero values. Rather than back-fill invented history, this fills in as the corpus actually moves.
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Jurisdiction: Canada