Two online payment companies that operate within Canada have
been ordered to turn over information about their account holders
to the Canada Revenue Agency (CRA).
On November 10, 2017, PayPal received a Federal Court
Order requiring them to disclose information relating to
Canadian users that hold a business account and have received or
sent a payment through their account between January 1, 2014 and
November 10, 2017. PayPal Canada says that it has
more than 6.4 million active users, although those users with
personal accounts are not affected by the CRA Order.
This Order follows a similar
Order issued in 2016 to online payment processor Square,
Inc., requiring it to disclose information to the CRA about its
Canadian sellers. Each company has been given specific
instructions on what information they must turn over to the CRA
including sales transaction data, names, social insurance numbers,
and business numbers of affected sellers, bank account
