Canada's Payment Rails

Canada's Real-Time Rollout Offers Glimpse of Payments Possibilities

Real-time payments are coming to Canada in 2023 as the country's Real Time Rail (RTR) scheme gets switched on for a nation that's been making good use of ...

What are payment rails? A guide - Stripe

Interac is a Canadian interbank network that facilitates electronic financial transactions, such as debit card payments, online banking, and ...

How the push to modernize Canada's payment systems went off the ...

Payments Canada is the organization that develops and maintains this crucial infrastructure. Founded in 1980 as the Canadian Payments ...

Global Real-Time Rails and Modernized Payment Systems Part I

Unlike most other countries, Canada has had a faster payment rail for domestic electronic transfers run by Interac since 2003. Although the ...

Payments Canada taps Interac Corp for real-time payments system

Infrastructure consortium Payments Canada has announced that it has selected Interac Corp as the exchange solution provider for Canada's real-time payments ...

Canada's Real-Time Payment Rails: 5 Reasons for SMEs To Get ...

No problem; the real-time rail delivers ubiquitous reach any time of the day, any day of the week. With the RTR in place, enterprises can reach ...

Rollout of Canada's Real-Time Rail payment system delayed again ...

Payments Canada has announced that the launch of the country's forthcoming Real-Time Rail (RTR) payment system has been delayed once more.

Accelerating Canada's digital economy - Mastercard

How does a leading economy remain globally competitive? Payments Canada has selected Mastercard to help deliver the clearing and settlement ...

Lessons from Canada's struggles with faster payments

Canada's Real-Time Rail, a payments system that was originally set to go live this month, has been delayed again as the body that runs Canada's domestic ...

Canada's payment rails and future | Paramount Commerce posted ...

NEW CONTENT Canada has several payment rails that meet the specific needs of businesses. Let's explore the current and future rails in ...

Payments Canada embraces a new era in payments - The Banker

Settlement in seconds. Payments Canada is also building an instant payment system, called the Real-Time Rail (RTR), which will launch in 2022. “We ...

Payments Canada further delays launch of real-time payment system

Payments Canada is undertaking a second review of its upcoming real-time payments system, Real-Time Rail (RTR), further delaying its launch.

Payments Canada delays Real-Time Rail payment system launch ...

Canada is currently in the process of developing an RTR system which is meant to modernize the country's core payments infrastructure. RTR will ...

Five-minute focus on Real-Time Rail - RBC Investor Services | Insights

RTR, or Real-Time-Rail, is Canada's new national system for low-value payments, supporting the exchange, clearing and settlement of data-rich payments in real- ...

Bank of Canada gives Wealthsimple access to faster payments system

The fintech company says it's the first non-bank, non-credit-union to be approved for a direct settlement account by the Bank of Canada, which ...

Trolley Named One of Canada's 2019 Top 50 Fintech Companies!

The Digital Finance Institute released today the 2019 Top 50 Fintech companies in Canada. Trolley (formerly Payment Rails) is proud to be ...

Canada prepares for the next payment gamechanger - The Paypers

In partnership with our member financial institutions and regulators, Payments Canada launched Lynx, Canada's modernised high-value payment ...

Deep Dive in Canada's Payment Revolution Unveiled - Kapcharge

EFT Payment Rails: Electronic funds transfer (EFT) is Canada's cornerstone of electronic money transfers. · Credit Card Rails: Despite the ...

Payments Canada selects Mastercard's Vocalink as the clearing and ...

Payments Canada ensures that financial transactions in Canada are carried out safely and securely each day. The organization underpins the ...

Canada's Real-Time Rail Program Resumes With Renewed ...

Payments Canada has announced a path forward for the Real-Time Rail (RTR), Canada's fastest payment system. The new system will allow ...