Mr. Jeremy Wilmot at the Industry, Science and Technology Committee

On December 9th, 2024. See this statement in context.

December 9th, 2024 / 6:45 p.m.

President and Chief Executive Officer, Interac Corp.

We're working with Payments Canada closely on real-time rail. The Retail Payment Activities Act is going to open up real-time rail to many payment service providers, and e-transfer is going to be settled on real-time rail.

See context to find out what was said next.