About the PPI

In response to the rapidly changing payments landscape and the multi-year Payments Canada modernization initiative, the prairie credit unions came together and asked the prairie centrals to examine the payments environment and provide a strategic path forward.

A committee was formed, made up of the prairie centrals and seven largest prairie credit unions to focus on the Prairie Payments Initiative (PPI). This initiative includes moving to Payments-as-a-Service (PaaS) through IBM and streamlining the payments functions between the three prairie Centrals within the context of PaaS. This will ensure prairie credit unions are competitive in payments by providing access to the most efficient, cost-effective modernized payments processing infrastructure.

Organizational Structure