About Payments Canada:
Payments Canada enables prosperity, productivity and safety for Canada through trusted, critical national payment infrastructure. As a public-purpose organization, we own and operate Canada’s critical national payment systems: Lynx, our high-value payment system; the Automated Clearing Settlement System (ACSS), our retail batch payment system; and Canada’s forthcoming Real-Time Rail (RTR) payment system. We establish the by-laws, rules and standards that govern these systems, which cleared and settled $103 trillion in 2025 — more than $411 billion every business day. Transactions that pass through our systems include debit card payments, pre-authorized debits, direct deposits, bill payments, wire payments and cheques. In collaboration with our diverse membership, we continue to modernize Canada’s payment ecosystem to promote innovation, competition and deliver efficiencies that power a modern economy.







