Payments Canada has released its 2025 Annual Report, outlining progress on payments modernization, operational performance and broader organizational priorities. The report highlights continued work to advance the Real-Time Rail, with 2025 focused on industry readiness, comprehensive testing and a made-in-Canada design that includes centralized fraud services, alongside high availability across its core payment systems. ACSS recorded 100 per cent availability in 2025 and Lynx recorded 99.91 per cent. The report also notes that Lynx was fully transitioned to the ISO 20022 financial message standard using MX messages, and that Payments Canada ran a public consultation on changes to bill payment processing in ACSS aimed at improving efficiency, user experience and alignment with industry practices. It further points to Government of Canada support for the Real-Time Rail in the 2025 Budget and to Payments Canada research on payment behaviour, Real-Time Rail readiness and fraud.
Payments Canada2026-05-29
Payments Canada releases 2025 annual report highlighting Real-Time Rail progress and 100 per cent ACSS availability
Payments Canada’s 2025 Annual Report details progress on payments modernization, including continued development of the Real-Time Rail with a focus on industry readiness, testing, fraud services and high availability. The report notes 100 per cent availability for ACSS and 99.91 per cent for Lynx, the full transition of Lynx to ISO 20022 MX messages, and a public consultation on ACSS bill payment processing changes. It also highlights Government of Canada support for the Real-Time Rail in the 2025 Budget and Payments Canada research on payment behaviour and fraud.