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Finance committee They do.
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee No, and I'm not suggesting that they would be negotiating with the consumer. The choice for the merchant is the negotiation with the credit card companies so that they have a choice, i.e., that they will accept the credit card but not the mobile version of that credit card, or th
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee Yes.
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee When we talk about choice, we believe that the merchant should have full choice to choose which forms of payment they accept—
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee Yes, or that they will be willing to provide, and consumers should have the choice of what they will use to actually pay. Our concern is default payments. With mobile technology, there is the capacity for, say, Visa wallet to make sure that the card that shows up on the consume
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee It was well received when first introduced. It did at least provide some very limited powers to merchants at the time. We do believe it needs to be updated today with these new technologies coming in. In fact they are already in the market, and there are no protections right now
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee We were disappointed. we had hoped to see some resolution to those issues. While the Competition Tribunal decided that there was something to this effect, they decided that they were not the body to actually deal with it, that it should go back to the government. We've been wor
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee Certainly, we want to make sure that we don't see Interac, debit, and Visa, for example, on the same debit card, unless there's a distinctiveness such that one is not going to take over from the other one. We want to make sure that this stays strictly separate in terms of allowin
February 27th, 2014Committee meeting
Corinne Pohlmann
Finance committee As you may know, CFIB is a not-for-profit non-partisan organization representing more than 109,000 small and medium-size independent businesses across Canada. I will be walking you through a slide deck that I hope you have in front of you. There's no doubt that payment systems,
February 27th, 2014Committee meeting
Corinne Pohlmann