Canada, EU plan to link next-gen payment systems, easing transactions
- Open this photo in gallery:Canada and the EU are working to modernize the electronic systems that their businesses and people use to move money.
- Omar Havana/The Associated PressCanada and the European Union plan to link next-generation payment systems to enable faster cross-border transactions, according to a draft joint statement prepared for a summit between Ottawa and Brussels later this month.
- This will help remove obstacles to business and investment between the two jurisdictions, according to the statement, an early version of a summit communiqué that was viewed by The Globe and Mail.
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- Open this photo in gallery:Canada and the EU are working to modernize the electronic systems that their businesses and people use to move money.
- Omar Havana/The Associated PressCanada and the European Union plan to link next-generation payment systems to enable faster cross-border transactions, according to a draft joint statement prepared for a summit between Ottawa and Brussels later this month.
- This will help remove obstacles to business and investment between the two jurisdictions, according to the statement, an early version of a summit communiqué that was viewed by The Globe and Mail.
Sources: Theglobeandmail