- Ebury Partners Canada Limited becomes an official member of Payments Canada, reinforcing its mission to remove barriers to international trade for Canadian businesses.
Toronto, CA, June 3, 2026 — Ebury Partners Canada Limited (“Ebury”) has been approved as a new member of Payments Canada, the public-purpose organization that owns and operates Canada’s critical national payment clearing and settlement infrastructure. This milestone marks a significant step in Ebury’s long-term strategy to deliver faster, more secure, and cost-effective cross-border payment and foreign exchange solutions to Canadian businesses.
A strategic milestone for Canadian businesses
Membership in Payments Canada is the first step to applying for access to Canada’s core payment systems — including Canada’s forthcoming Real-Time Rail (RTR) payment system. Direct payment system participation would enable Ebury to move funds with greater speed, transparency, and efficiency, unlocking tangible benefits for the businesses it serves across the country.
Ebury has been working in close collaboration with Payments Canada since the launch of its Modernization Plan, and was previously the first institution to directly connect to the Faster Payments System in the United Kingdom and indirectly to the Single European Payments Area (SEPA) in Europe. Joining Payments Canada represents a natural extension of this global infrastructure-first approach to international payments.
“Moving money internationally shouldn’t be a barrier to growth for Canadian businesses, and issuing our own accounts is key to that aim. With a direct voice in the ecosystem, we can deliver even faster, more secure, and cost-effective cross-border payment solutions, ultimately helping Canadian businesses compete and scale on the global stage. We are excited to leverage this opportunity to bring our world-class global collection, payment and foreign exchange solutions directly to Canadian businesses, fueling their international success.” — Mark Hewlett, Group Head of Banking & Infrastructure, Ebury
What Ebury’s membership means for Canadian businesses
As a member of Payments Canada, Ebury will be able to:
- Apply to participate directly in Canada’s national payment systems, reducing reliance on intermediaries and improving transaction speed.
- Once approved as a participant, access the Real-Time Rail (RTR) once operational, enabling near-instant domestic and cross-border fund flows.
- Contribute to the governance and evolution of Canada’s payment standards, ensuring the needs of internationally active businesses are represented.
- Offer Canadian clients more competitive foreign exchange and global collection solutions backed by direct infrastructure access.
A modernizing national infrastructure
Payments Canada owns and operates Canada’s critical national payment systems, which cleared and settled $103 trillion in 2025 — more than $411 billion every business day. The organization is currently spearheading the modernization of Canada’s payment ecosystem, with the introduction of the Real-Time Rail (RTR) payment system. Membership eligibility has recently been expanded under amendments to the Canadian Payments Act to a variety of organizations, including payment service providers (PSPs) regulated under the Retail Payment Activities Act, reflecting the growing role of non-bank financial institutions in Canada’s payments landscape.
“Becoming a member of Payments Canada isn't just a milestone, it's a definitive commitment to our clients that Ebury is invested in this market for the long haul. With this foundational step toward access to the country's financial infrastructure, we can do exactly what we set out to do, make cross-border payments faster, simpler, and more acceptable. We are committed to helping shape a new era in Canadian payments, ensuring that for businesses of every size, moving money globally is never what holds them back.” — Mike Malak, Country Manager, Ebury Canada.
