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ARTICLE AD BOX
The payments level is present registered nether Canada’s nationalist outgo regulations, supervised by the Bank of Canada, arsenic it prepares for a aboriginal Canadian marketplace presence.
Juicyway has been registered arsenic a Payment Service Provider (PSP) nether Canada’s Retail Payment Activities Act (RPAA), pursuing regulatory reappraisal by the Bank of Canada. The support allows the institution to run wrong 1 of the world’s astir tightly regulated fiscal systems arsenic it prepares for aboriginal services tied to the Canadian market.
The RPAA came into unit successful 2024 and is supervised straight by the Bank of Canada; making Canada 1 of the fewer countries wherever a cardinal slope oversees retail outgo regulation. Registration requires demonstrating compliance with rigorous standards for operational hazard management, end-user money safeguarding, and concern continuity. The model has teeth: successful February 2026, the Bank ordered 1 registered PSP to instantly cease each retail outgo activities aft it failed to decently safeguard end-user funds.
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