Canada · Regulatory presence
Localpayment in Canada
Localpayment operates a locally registered entity in Canada. Talk to us about collection and payout options for your flow.
- Registered
- Currency: CAD
- Part of our 18-country network
RegisteredRegistered in Canada, connected to Latin America. Coverage for this market is not yet listed in our public documentation. See the coverage overview
Market snapshot
Canada in figures
Public, dated figures from official sources. Every number links to its source.
Individuals using the Internet (% of population, 2024)
Adults with an account, financial institution or mobile money (% of adults 15+, 2024)
Source: World Bank, Global Findex Database 2025 (FX.OWN.TOTL.ZS), 2024
Adults owning a debit card (% of adults 15+, 2024)
Source: World Bank, Global Findex Database 2025 (fin2.t.d), 2024
- Retail e-commerce revenue, annual (2024)CAD 73.7 billion
- Retail e-commerce sales (seasonally adjusted, monthly; Dec 2025)CAD 4.3 billion
Source: Statistics Canada, The Daily — Retail trade, December 2025
Q4 2026
Real-Time Rail target launch
Source: Payments Canada, Real-Time Rail testing and launch, 2026
41,651,653
Population (2025)
Source: World Bank, World Development Indicators (SP.POP.TOTL), 2025
US$ 55,698
GDP per capita (current US$, 2025)
2.1%
Consumer price inflation, annual average (% year over year, 2025)
License & regulation
Canada: registered presence
MSB Certificate — Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Before go-live, every merchant completes a compliance review (due diligence or enhanced due diligence) and business verification (KYB).
- Status: Registered
- Production credentials after Stage testing, a security review and KYB
- TLS 1.2+, AES-256 encryption at rest, MFA and HMAC-signed webhooks
- PCI DSS v4.0.1
- SOC 2 Type II
- ISO 27001
- AML/KYC
- TLS 1.2+ · AES-256
Frequently asked questions
Can I collect or pay out in Canada?
Talk to our team about your flow.
Is Localpayment registered in Canada?
Yes. Localpayment is registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
Can I convert to Canadian dollars?
CAD is one of the hard currencies available for converting local-currency balances, alongside USD, EUR, GBP, AUD, NZD, CHF, USDC and USDT.
Planning operations in Canada?
Tell us about your use case. We will confirm what we can support and how it connects to our 14 countries with local rails.