Interac is a network by the bank cartel in Canada, not run by the government. Payments Canada is working on Real-Time Rail as a payment system that is independe

Interac is a network by the bank cartel in Canada, not run by the government. Payments Canada is working on Real-Time Rail as a payment system that is independent from the banks. For example if you send funds to your brokerage they take 24+ hours to arrive, with Real-Time they'll arrive in a minute.