Mmastodon BusinessFinance first seen 1 d ago, last 20 h ago, peak #1

Payments Canada launches Real-Time Rail payment system

Original: Congratulations to Payments Canada for launching Real-Time Rail. It's important step forward for strengthening sovereign

Payments Canada has launched its Real-Time Rail, enabling instant payments across the country. Early reactions, including from finance commentators, frame the rollout as an important step for strengthening Canadian sovereignty, supporting the domestic economy, and improving cash flow for businesses. The system allows funds to move between accounts in seconds rather than days, a long-awaited upgrade to Canada's payment infrastructure.

Why now: The long-awaited launch of Canada's instant payment system has just been announced, drawing congratulatory reactions from the finance community.

Payments CanadaReal-Time RailCanada

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• Congratulations to Payments Canada for launching Real-Time Rail. It's important step forward for strengthening sovereignty, supporting Canadian economy and improving cash flow for businesses. Good for sovereignty. Good for economy. Good for Canada. # Canada # finance #… · dawid@vebinet.com · 6

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