ETA Submits Comments on Payment Canada’s Modernization Target State

ETA submitted comments in response to Payments Canada’s request for comment on its Modernization Target State. In its comments ETA offered support for Payments Canada’s vision for modernization and specifically the introduction of a Real-Time Rail (“RTR”) to serve as a platform for innovation in the Canadian payments ecosystem. ETA hopes that these comments will assist Payments Canada and its stakeholders in tailoring the RTR platform for broad application to the FinTech industry.

Read ETA’s full comments here.

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