Understanding RPAA

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What is RPAA?

The Retail Payment Activities Act is a federal law that sets standards for how PSPs safeguard end-user funds and manage operational risk. It applies to PSPs engaged in retail payment activities in Canada.

Safeguarding and Compliance with RPAA

To comply with RPAA by September 2025, PSPs must meet strict safeguarding obligations, primarily to protect user funds from loss or misuse. One way to meet these requirements is by using a purpose-built Trust Account.

How Does a
Trust Account help?

A Trust Account offers a ready-made structure to help you protect client funds, without the need for separate insurance or third-party guarantees.

With DC Bank, your Trust Account is:

  • Designed to support RPAA safeguarding requirements
  • Kept separate from your business’s funds
  • Enables smooth transfers to and from DCBank’s payment systems
  • Provided by an OSFI regulated Canadian bank
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Eligibility

Trust Accounts are available to PSPs that are registered or preparing to register under the RPAA and complete DCBank’s onboarding requirements.

Not sure if this applies to you? We would be happy to connect you with trusted compliance advisors.

What a Trust Account Does for You

A Trust Account provides your business with the assurance of protecting customer funds. It is designed to align with RPAA’s standards while simplifying the operation of your platform.

With a DC Bank Trust Account, you get

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RPAA-aligned structure from an OSFI regulated Canadian bank
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Sub-accounts to organize funds by user or merchant
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Easy transfers between trust and payment accounts
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Technology tools, including APIs
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Built-In Advantages

A DCBank Trust Account gives you operational tools that scale alongside your platform.

Whether you're launching a new PSP business or refining an existing one, our structure adapts to support your model.

Included with every account:

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Sub-accounts for cleaner fund separation
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Ability to automate internal transfers
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Administrative tools to support fund oversight
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Optional API access and custom integration

Pricing Made Simple

$75
per Trust Account
$50
 per sub-account
Looking for a custom solution or API integration? Let’s scope it together.

Getting Started Is Easy

Whether you’re new to RPAA or already registered, we can help you onboard quickly.

Here’s how it works:
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Book a quick call.
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Guide us through your setup.
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Complete our online application
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Launch your Trust Account with DCBank,  built to support your RPAA obligations.

Still Figuring It Out?

You don’t need to have everything sorted before you reach out — That’s what we’re here for.

Let’s discuss how we can help your platform meet RPAA requirements and ensure your trust accounts run smoothly, without the added complexity.