Serving the public in real-time
Facilitating real-time payments allows governments of all levels to serve citizens faster financially while creating a foundation for Canadians businesses to operate more efficiently domestically and internationally.
A growing list of countries enjoy the benefits of real-time payments
As more and more countries adopt real-time payment systems, the Real-Time Rail, equipped with ISO 20022 data-rich capabilities, brings Canada in line with all other G7 countries
Support for small businesses
By using the Real-Time Rail, governments support small businesses by being more efficient and making processes more predictable, freeing up time for businesses to focus on what matters
Manage government supply chains in real-time
With real-time payments and settlement, funds can be instantly transferred to vendors, starting the production process sooner and speeding up the delivery of goods
Emergency government payments
With the Real-Time Rail, a government agency can instantly distribute funds to victims of natural disasters and offer immediate financial support
Increase financial inclusion
Canadians coast to coast to coast can send and securely settle payments in seconds, giving more Canadians more control of their finances no matter where they live
Save time and money with more data
With ISO 20022 data attached to each payment, services conducted using the Real-Time Rail streamline government financial and corporate reconciliation processes
