Instant access to sales revenue
Retailers, restaurants and other businesses can receive funds immediately from a customer purchase.
With instant access to sales revenue, businesses can reinvest funds, purchase critical materials for their business and reduce reliance on high-interest loans. Real-time merchant settlement helps small- and medium-sized businesses avoid payment delays and improve their daily cash flow.
- Reduce reliance on high-interest loans
- Avoid payment delays
- Improve daily cash flow
Leverage merchant settlement
To leverage this use case, both the sending and receiving financial institutions must be enabled to use Canada’s Real-Time Rail. Contact your Payments Canada relationship manager or email info@payments.ca to learn how your financial institution or payment service provider can adopt the forthcoming Real-Time Rail.