Payments Cards & Mobile· Gemma Rolfe·· 2 hours agoAI score60
EU and Canada move forward with linking instant payment systems
EU and Canada Move to Link Real-Time Payment Systems
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AI-assisted source summary · not independently verified. Content standards
The EU and Canada have agreed to move forward with linking their instant payment systems to reduce the time, cost and operational friction of cross-border transfers. Canada’s Real-Time Rail is scheduled to launch in Q4 2026, subject to the completion of industry testing, and will adopt ISO 20022; the specific European system to be linked with RTR has not yet been clarified by either side.
Source:Payments Cards & Mobile · paymentsindustryintelligence.com