Real Time Payments Go Into Effect in Canada this Month
Canada will soon launch its Real-Time Rail (RTR), a national payments system that enables 24/7, instantaneous transfers and payments. Industry participants are currently testing the system, which carries data while incorporating anti-fraud controls. The legal framework kicks off on August 24th, with a system launch… Read More
Read more in: Fintech, Canada | Tagged bank of canada, payments, red compass labs, rtr, transfers