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… Businesses Businesses are seeking faster and more efficient payments to satisfy customer demand and streamline … businesses need access to fast, low-cost and efficient payment methods. The Real-Time Rail processes funds … transactions that save time and money. Expedited business payments and processes Time sensitive payments can be sent …

… Our membership at Payments Canada includes the Bank of Canada, domestic banks … deposit taking institutions. The amendments to the Canadian Payments Act in 2001 opened membership to life insurance … dealers, and money market mutual funds, among others. Payments Canada is funded by its membership, which stood at …

… The Real-Time Rail allows Canadians to access more instant payment options, eliminating the  time waiting for payments to settle — avoiding inconveniences like potential … late fees. The result is convenient, flexible and secure payment experiences. Know more with more data With more …