Real-time Rail is for financial institutions to settle transactions not for direct consumer use.
reply> This new national payment system will transform day-to-day payments for Canadian businesses and consumers by enabling instant speed and settlement.
replyIt does sound like it's for consumers as well
It will _eventually_ be exposed to consumers through their banks, but it is financial infrastructure for now.
replyThis mostly is referencing ETF tranfers that are relevant to consumers - e.g. bill payments and employer pay deposits that currently take several days.
replyIn the same way that PAD is for consumers as well.
replyif its like SEPA in europe then you dont need google or apple, its seperate network that you get access through your regular or digital bank
replyOf course, if you want to do it through your mobile then your bank can require attestation. No different from now.
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