Our Systems & Rules

We underpin the Canadian financial system and economy by owning and operating Canada’s payment clearing and settlement infrastructure, including associated retail and high-value systems, bylaws, rules, procedures and standards. 

Retail batch payment system
Interact machine being handed to another person.
High-value payment system - Lynx
Cityscape with connected light trails
Real-Time Rail payment system
Closure schedule
Rules centre
Rules updates and process

Modernizing the Canadian Payment Systems 

Payments Canada is leading a multi-year, multi-phase initiative to modernize Canada’s payment systems. As systems operator, Payments Canada will set the requirements, rules and frameworks for the future growth of payments in Canada.