PhotonPay Completes RPAA Registration in Canada, Further Strengthening North American Compliance Footprint

PhotonPay, the next-generation global financial operating system, announced that its Canadian entity, Photon Dance CA Inc., has officially completed registration as a Payment Service Provider (PSP) under Canada's Retail Payment Activities Act (RPAA). This registration brings PhotonPay under Canada's federal retail payment regulatory framework, with related compliance requirements covering operational risk management, incident response, regulatory reporting, and safeguarding of end-user funds.

This registration further enhances PhotonPay's regulatory footprint in North America, complementing its existing FINTRAC Money Services Business (MSB) registration in Canada, FinCEN MSB registration in the United States, and Money Transmitter Licenses (MTL) in multiple states. To date, PhotonPay has obtained 35 payment and financial licenses, regulatory permissions, and registrations globally, and continues to build the next-generation global financial operating system by integrating global accounts, payments and collections, foreign exchange, card solutions, and embedded finance capabilities—connecting traditional financial systems with emerging digital financial infrastructure to help businesses efficiently manage cross-market financial operations.