Payments Canada has announced the launch of the Real-Time Rail (RTR), a new nationwide payment infrastructure offering 24/7 real-time payments. The system marks a major modernization of Canada's payment landscape, enabling instant settlement across the national economy.
Background
Canada has long relied on traditional batch-based payment systems that operate only during business hours. Real-time payment rails have become a global standard, with many countries already deploying similar systems over the past decade.
- Source
- Hacker News (RSS)
- Published
- Nov 10, 2026 at 12:00 AM
- Score
- 5.0 / 10