Unlocking new value from real-time payments
The Real-Time Rail (RTR) is Canada’s new always-on payments system. It unlocks high-impact use cases that elevate customer experience, strengthen account primacy, accelerate deposit growth and deepen digital engagement.
Instant settlement
Payments process in seconds, not hours or days.
24/7/365 access
Money moves anytime, including nights and weekends.
Immediate confirmation
Real-time status gives confidence payment went through.
Richer payment data
More context travels with payments for easier reconciliation.
Payment finality
Payments complete with certainty and no reversals.
Note: As the RTR matures, more payment types and fintechs are expected to introduce real-time capabilities. This use case library highlights potential near- and longer-term opportunities. At launch, most payments are expected to continue using batch processes.