Hacker News new | past | comments | ask | show | jobs | submit
petcat | on: Payments Canada announces launch of Canada's Real-Time Rail (RTR) payment system
Will be curious to see if this ends up requiring Google/Apple accounts and mobile device attestation in order to work.
muizelaar | parent | next
Real-time Rail is for financial institutions to settle transactions not for direct consumer use.
wolttam | root | parent
> This new national payment system will transform day-to-day payments for Canadian businesses and consumers by enabling instant speed and settlement.

It does sound like it's for consumers as well

mportela | root | parent | next
It will _eventually_ be exposed to consumers through their banks, but it is financial infrastructure for now.
Marsymars | root | parent | next
This mostly is referencing ETF tranfers that are relevant to consumers - e.g. bill payments and employer pay deposits that currently take several days.
OJFord | root | parent
In the same way that PAD is for consumers as well.
disiplus | parent
if 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
lmz | root | parent
Of course, if you want to do it through your mobile then your bank can require attestation. No different from now.