(Oct. 17/12) The federal government has announced the Code of Conduct for the Credit and Debit Card Industry in Canada will expand to include mobile payments. A preliminary addendum to the Code was released for public consultation.
CRFA’s feedback will aim to ensure that purchases made with new technologies – such as smartphones – are subject to rules around transparency and merchant choice. We will fight to ensure that:
We will also push to change other parts of the Code to make it more effective in curbing unfair practices by payment card providers.
On Sept. 25, CRFA hosted a meeting of like-minded business associations to share information, discuss common concerns and explore avenues for collaboration to achieve a fairer payment system for merchants.
Tell us what you think
CRFA members are invited to provide us with feedback on the Code and the addendum. You can also let us know about other issues you have had with credit card companies and how they have been handled. Email us at firstname.lastname@example.org.