Ontario Highway Traffic Act

Thank you so much!

I got my first traffic ticket yesterday on Allen Rd (I kept 106 km/h instead of 80 km/h). The Police Officer didn't write down any demerit points and didnt say about. Nothing. Total amount to pay is 122.5$.
What steps should I follow?:
1. To pay and forget about. What about points and my insurance history?
2. Don't pay and fight it. Does it make ...