The Business of Payments
Navigate a rapidly changing industry.
The Canadian payments industry accounts for nearly 1% of GDP with revenues from payment activities estimated at over $16.4B in 2016 — and it’s changing, rapidly.
Traditional players in the payments market are extending products, fintech and bigtech are disrupting products and infrastructure while domestic and global regulatory bodies are moving rapidly to adapt.
These changes can mean big opportunities for your organization if you know how to use them to your advantage. Rotman’s Business of Payments program helps payments leaders harness these opportunities.
Your competitive advantage in a shifting landscape.
Over the course of the program, you will gain a solid understanding of the changing context of the payments landscape, and the forces and trends shaping its future. You will develop the knowledge and competencies you need to stay ahead.
Schedule
Schedule for Online Offering
Class runs 8:30am – 12pm EDT except for April 11, which runs from 6:30-7:30pm EDT
Welcome & Introductions
Keynote Speaker
A Framework for the Future
Foundational Aspects of Payments
Guest Speaker
The Payments Industry in Canada
Payments Here and There: Global Payments
The Canadian PayTech Landscape
Pain Points and Innovation
Panel Discussion
Final Presentations & Wrap Up
*subject to change
We’re here to help.
This program focuses on technical solutions combined with management training to help you lead your team successfully through major market disruptions. Our faculty are industry experts with years of consulting experience and deep knowledge of the forces at work in the payments industry.
Apply NowAPR 11-21, 2021 | $4,950 CAD + HST
Flexible Learning Design during COVID-19
Given the current situation with COVID-19, we have curated the design of the Business of Payments program into an online, synchronous format. The online architecture respects both the challenges of working from home and uses appropriate pedagogy to ensure that you are able to apply what you’ve learnt directly on the job. While difficult to recreate a face to face delivery experience, we have been thoughtful in our approach to the program considering your needs and to ensure that you build and maintain connections with your peers. Faculty will be using a multitude of interactive devices to encourage participation and increase the networking opportunities so that you can also learn from each other.
Payments Canada hosts the largest payments conference in Canada, the Payments Canada SUMMIT each year. During the event, leaders come together to exchange ideas and work with one another to advance the future of payments in Canada and around the world. As a special benefit, anyone who has applied and paid for Rotman's Business of Payments program will receive a complimentary pass ($2,500 value) to the Payments Canada SUMMIT taking place virtually May 31–June 4, 2021.
Rotman Executive Program faculty are known for their ability to translate the latest research into practical applications for the workplace, and to transmit skills to participants with the best teaching techniques. Industry leaders contribute to our programs to bring you the most up-to-date best practices and a wealth of real-world experience.
Associate Professor, International Business, Rotman School of Management
Walid Hejazi is an Associate Professor of Economic Analysis and Policy, and Academic Director, at the Rotman School of Management. He has researched, advised, and testified extensively on global competitiveness, and is currently working on a series of studies which shed light on the competitiveness and productivity of Canadian firms. He teaches Macro and Global Economics in Rotman’s MBA and EMBA programs, and has also delivered lectures in over 30 countries. Walid has also developed and teaches a successful MBA course in Islamic Finance, the first such course in Canada.


The Business of Payments was well worth the time and investment. Even as someone who has worked in payments for years, I came away with useful insights and new connections. I would recommend the program to anyone interested in this rapidly changing space.
Joanna Simon | Head of Operations
UBS
I really appreciated the diversity of the speakers, to provide a set of truly universal perspectives on how the Payments industry affects stakeholders differently. I don’t see a better way for someone new to the Payments business, to develop a thorough and meaningful understanding of where the industry stands today, and where the future of Payments will take us.
Bob Pocius | Managing Director, Infrastructure, Treasury and Payment Solutions
Bank of Montreal
The caliber of instructors and presenters was world class and the interaction with staff and students provided for rich learning. I would highly recommend this program to anyone looking to better understand the rapidly changing payments landscape in Canada and around the world, regardless of whether you are new to payments or more experienced in this field.
Wilson Griffiths | Senior Vice President, Member Solutions
Credit Union Central of Manitoba
I came with ground zero knowledge and experience in this realm, but the course gave me all I needed: from details of the many intermediaries to transactions and payments, to the strategic level current trends and future opportunities in the financial services world, including paytech and fintech.
Shaheen Dewani | Category Manager, Procurement, Payments and Channels
ATB Financial
I have been following payment systems for a few years now but I have never had it presented like that. Not only does it covers everything you need to know on payments, but you also get to hear first-hand from some of the top executives and innovators in the country on their vision for the future of payments.
Abdelkader Benbrahim | Financial Sector Advisor
Making Finance Work for Africa
African Development Bank Group
The presenters they had were the main people in the industry, the ones that had developed policy, the ones that were advising governments and running companies. The people attending were the ones working at the forefront of the payments industry. If you want to know about Payments in Canada, this is the place to start.
Alex Morton | Category Sourcing Manager
Atlantic Lottery
I have worked with many of the top business schools in the world to develop custom programs, and Rotman ranks right at the top for client support and quality of faculty and instruction.
Christopher Stevenson | Senior Vice President & Chief Learning Officer
CUES
Technical Requirements
This program will be delivered over Zoom and requires access to this platform. Terms and conditions for Zoom usage can be found here: https://zoom.us/terms. This program requires a stable internet connection, the latest version of the Google Chrome internet browser, and use of a microphone. Access to a webcam is preferred but optional.
Application Process
Before beginning the application process, please review the application policies. To apply, complete the online application form.
*Are you using Internet Explorer? Have you updated Chrome or Firefox lately?
Due to new browser security requirements, those using older or incompatible browsers may encounter technical difficulties. If you encounter a blank screen when you try to start your online payment process, please see our Having Trouble? page.
Each application is reviewed by Rotman’s admissions committee to ensure participants have the appropriate academic and work experience.
Participant Notification Process
If space is available and eligibility requirements are met, participants will receive a notice of admission within 10 days of receipt of a completed application and fee deposit.
Payment and Fee Reduction
Payment
Payments can be made online. Applicants will be redirected to a secure online payment website after completion of the application form. Deposits will be refunded to applicants not accepted to the program.
*Accommodations and meals are included in the program fee for in-person offerings. Participants will be responsible for their own travel and incidental costs. For more information contact an Executive Programs representative at executiveprograms@rotman.utoronto.ca.
Apply NowAPR 11-21, 2021 | $4,950 CAD + HST

Rotman School of Management at the University of Toronto and Payments Canada are partnering to develop an intensive payments knowledge course aimed at professionals working in payments and related industries in Canada.
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