Expanded real-time payment participation
Once the Canadian Payments Act is amended to expand access to Payments Canada systems, payment service providers will be eligible to become members of Payments Canada and apply to become Real-Time Rail participants.
Develop competitive services
Payment service providers can develop new innovative services that use the Real-Time Rail to offer new products to Canadian businesses and consumers
New participation
Expanded access through changes to the Canadian Payments Act will allow more regulated entities like payment service providers to become participants
Create new market opportunities
The more participants and safe innovation opportunities for Canadian consumers and businesses, the more Canadian businesses can compete domestically and globally
MEMBERSHIP AT PAYMENTS CANADA
Find out more about the value of membership and how to become a participant in our systems
