Payments Canada published its 2026 Q1 quarterly update on Canada’s Real-Time Rail (RTR), setting out progress toward delivering real-time payments and the near-term focus on testing, onboarding and operational readiness. The program completed system integration testing in Q4 2025 and is continuing user acceptance testing into 2026 to validate end-to-end business scenarios and operations. Alongside user acceptance testing, RTR is entering performance, security and resilience testing to stress the platform in its target environments and confirm it can handle high transaction volumes in real time. On membership, Payments Canada is actively onboarding payment service providers and has most recently welcomed Wise, Float, Paramount Commerce, KOHO and Brim Financial, making them eligible to apply to participate on RTR. Operational preparations also include expanding an always-on environment with centralized fraud capabilities operating 24 hours a day, every day of the year, in collaboration with delivery partners, operating partners and members.
Payments Canada 2026-02-11
Payments Canada progresses Real-Time Rail into user acceptance and resilience testing and adds new payment service provider members
Payments Canada released its 2026 Q1 update on the Real-Time Rail (RTR) project, highlighting progress in real-time payments and ongoing testing phases, including user acceptance, performance, security, and resilience testing. The update also notes the onboarding of new payment service providers and the expansion of an always-on environment with centralized fraud capabilities.