DoBusiness.com joins Payments Canada as member in shift

Payments Canada has approved DoBusiness.com as a payment service provider member, making it the latest provider to join the organisation.

DoBusiness.com, the trading name of uSecure Escrow Solutions, follows five other payment service providers admitted earlier this year. The expansion follows changes to the Canadian Payments Act, which widened eligibility to include payment service providers supervised under the Retail Payment Activities Act.

The addition brings another non-bank financial technology group into an organisation at the centre of Canada's payment system governance. Payments Canada operates the country's main payment systems and sets the by-laws, rules and standards that govern them.

Its systems include Lynx, the country's high-value payment system; the Automated Clearing Settlement System for retail batch payments; and the forthcoming Real-Time Rail instant payment system. Those systems cleared and settled CAD $103 trillion in 2025, or more than CAD $411 billion each business day.

Broader membership

DoBusiness.com's admission reflects a broader shift in Payments Canada's membership base. Long dominated by banks and other established financial institutions, the organisation is now more open to payment service providers following federal legislative changes.

That gives newer entrants a route into the policy and standards discussions that shape the country's payment infrastructure. Membership does not itself grant direct access to payment systems, but it does allow members to apply for participation, subject to technical, operational and security requirements.

That is especially relevant for payment service providers because of the planned Real-Time Rail system, which is intended to support instant payments in Canada. Participation differs across systems, and direct access still depends on meeting specific criteria, including the settlement and clearing arrangements required for each platform.

Members can also seek roles in Payments Canada's governance structure, including committee participation, advisory positions and voting rights at the annual member meeting. They may also provide feedback on policy development and gain access to research and system analytics.

Donna Kinoshita, Chief Payments Officer at Payments Canada, said the approval reflects that broader shift in membership.

"We are pleased to welcome DoBusiness.com to our growing member base," said Kinoshita. "The inclusion of specialised enterprise SaaS providers alongside our existing members is a clear sign of the evolving payment landscape. As our membership continues to diversify, so do the perspectives that inform the future of Canada's payment infrastructure, ensuring an inclusive payment ecosystem that gives Canadians more choices."

DoBusiness role

DoBusiness.com provides banking software and payment infrastructure services. Its systems are used by financial institutions, financial technology groups and enterprises to manage payments.

Its admission places it alongside recent payment service provider members, including Wise, Float, KOHO, Paramount Commerce and Brim. Together, those additions point to a more varied membership base as Payments Canada prepares for further changes in market structure around payments access and system participation.

The company linked its membership to the broader overhaul of Canada's payment infrastructure.

"We are honoured to join Payments Canada at a time when the country is modernising its payment infrastructure," said Shayle Rothman, Chief Executive Officer and Co-Founder, DoBusiness.com. "DoBusiness.com has provided verified payment infrastructure that assists financial institutions, fintechs, and enterprises manage their payments safely and efficiently. Being a Payments Canada member allows us to collaborate with industry partners to help build a more secure, real-time and interoperable payments ecosystem for Canadian businesses and consumers."

The decision comes as Canadian authorities continue to reshape the regulatory framework for payment service providers. By bringing more of these firms under formal supervision and making them eligible for membership, policymakers and infrastructure operators are broadening the range of organisations that can help shape payment rules, standards and system design.

That could influence how new services are developed, particularly in instant payments, retail payment processing and interoperability between established institutions and newer technology providers. For Payments Canada, DoBusiness.com's addition is another sign that the organisations seeking a role in core payment infrastructure are no longer limited to traditional banks.