North American Product Classification System (NAPCS) Canada 2017 Version 1.0

• 761 - Financial services (except insurance)
• 76181 - Products supporting financial services
• 761811 - Management of financial market and clearing services

7618111 - Payment clearing and settlement services

Clearing and settling payments for financial transactions other than trades of securities and commodity contracts.

• Illustrative example(s)

  • access to the clearing network, provided by direct clearers to indirect clearers
  • clearing of bank drafts
  • clearing of cheques
  • clearing of tele-cheques
  • debit card merchant services
  • debit card switch fees

  All examples

• Inclusion(s)

  • services of acquirers to connect merchants to payments networks

• Exclusion(s)

  • automated funds transfer (AFT) credits and debits (See 7618121 Automated clearing house services)