Technicost are Proud to be among Canada’s first registered Payment Service Providers (PSPs) 

Officially Registered as a Payment Service Provider (PSP) with the Bank of Canada  

Technicost are proud to be among the first fintech firms registered as a Payment Service Provider (PSP) under the Bank of Canada’s Retail Payment Activities Act (RPAA). 

The RPAA came into effect September 8^th and Bank of Canada approval as a PSP places Technicost within a new nationally recognized framework that oversees operational risk management and ongoing regulatory compliance. 

What This Means for the Future 

This registration is more than a credential – it’s a key that positions Technicost to unlock future innovation.  Exciting days at Technicost. 
  

Please see the Bank of Canada.ca site for more information on the RPAA and the new payment service providers registry:  

https://www.bankofcanada.ca/core-functions/retail-payments-supervision

https://www.bankofcanada.ca/core-functions/retail-payments-supervision/psp-registry

Laval, QC 

November 17th 2025