The Real-Time Rail
Canada's fastest payment system
The Real-Time Rail is Canada’s first real-time payment system that supports instant, data-rich payments
Real-time payments will transform Canada’s economy, giving businesses and consumers more transparency and access to their payments any day, any time. The Real-Time Rail will enable this transformation while ensuring transactions are safe and secure.
A smarter way to pay and get paid, instantly
Find out how Canada's Real-Time Rail payment system gives you more control over your finances and allows Canadian business to compete more effectively and efficiently.
Explaining the Real-Time Rail
Payments Canada’s Chief Delivery Officer, Jude Pinto, explains the Real-Time Rail payment system (RTR) and the value it will provide to Canadian consumers and businesses.
What are real-time payments?
Learn about real-time payments and how they will benefit Canadians and Canadian businesses. From eliminating delays when you need to send and receive money, to enabling predictable payments with more data, real-time payments give Canadians and Canadian businesses more control of their money.
MEETING THE NEEDS OF CANADIANS
The development of new payment systems like the Real-Time Rail demonstrate Payments Canada’s commitment to its legislated mandate to establish and operate national systems for the clearing and settlement of payments and facilitate the development of new, safe and secure payment methods and technologies.
