Compliance & Regulation
Blackberry Pay operates under Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
Regulatory status
Blackberry Pay is a Canadian company incorporated on 29 August 2025. Our registration with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (MSB) is currently pending.
AML / KYC program
We maintain a written compliance program including customer identification, ongoing monitoring, record-keeping, risk assessment and reporting of suspicious and large transactions in line with FINTRAC requirements.
Reporting
Where applicable, Blackberry Pay reports large cash transactions, large virtual currency transactions, electronic funds transfers and suspicious transactions to FINTRAC.