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… ago, we estimated that 40 per cent of our payments at the time were made electronically, and 60 per cent were a mix of … learned that achieving targets can be more complicated and time-sensitive than originally anticipated. All of our … and opportunities of new payments systems like Real-Time Rail would be valuable. More knowledge helps set …

… for the long-term.   The study provides a moment-in-time perspective on Canadian spending behaviours compared to … a new high-value payment system, Lynx , in 2021 and a real-time payment system, the Real-Time Rail (RTR) , in 2022.  For media inquiries, please …

… (credit and debit payments), the world’s first real-time mass transit transaction open payment solution, across … change that will ensure we fulfill the promise of the Real-Time Rail by broadening access. For Metrolinx, an expansion … their payments will get where they need to get to in the time required. We are still working on achieving that state, …

… with the global payment community; a once-in-a-lifetime migration undertaken by financial institutions in over … Payments Canada completed a third-party review of the Real-Time Rail (RTR) program. Initiated by Payments Canada with … Officer . Donna joins us on May 2, 2023. For the first time in three years, we are once again preparing for an …

… decide to proceed with CBDC. In particular, could the Real-Time Rail (RTR)  payment system be leveraged for a CBDC and … the central bank is responsible for operating the real-time gross settlement systems, the Bank of Canada has relied … of a CBDC? Resilience: Money has to be available all the time, regardless of circumstances. Could Payments Canada’s …

… most modernization initiatives involved: Adding a new real-time retail system, not necessarily accompanied by real-time settlement Building new or enhancing batch retail …

… effectively consider a broader range of user interests at a time of rapid change in the Canadian payments system," said … globe. I am honoured to lead the CPA board at this critical time in the organization's history," said Eileen Mercier, …