About the CPPO

The CPPO is a not-for-profit organization and the collective voice of the open-loop prepaid payments industry in Canada. It is supported by major financial institutions, card networks, program managers and the fintech community. The CPPO is focused on awareness and education so that consumers, governments and businesses understand the value of this platform and have the best experience with these popular solutions.

$ 0 B CDN

in prepaid loads in 2019

CPPO Mission

Open-loop prepaid products are a valuable financial tool offering benefits to consumers, businesses and governments. It promotes a positive environment in which prepaid payments can responsibly grow and flourish in Canada. The CPPO is the only association solely focused on this growing industry and includes the major players in open-loop prepaid in Canada.

CPPO Charter

Prepaid solutions offer benefits to consumers, businesses and governments. The CPPO was formed to foster a positive environment in which open loop prepaid solutions can responsibly grow and flourish in Canada.

The CPPO is focused on awareness and education so that consumers, governments and businesses understand the value of this platform and have the best experience with these popular solutions.

The CPPO supports a consumer’s right to choose the payment product that best suits his/her financial needs — whether the product is debit, credit, open-loop prepaid or a combination of products.

The CPPO supports an effective regulatory environment that encourages innovation and access while protecting consumers. All CPPO members adhere to applicable laws and regulations with respect to compliance and consumer protection.

Prepaid solutions are a financial tool issued by financial institutions. As such, all members of the CPPO take mandated steps to combat fraud and protect consumers. The CPPO supports efforts by industry and government to prevent fraud and the misuse of all financial tools.