Qubepay Canada MSB Instant payments

Canada is stepping into the future of payments. According to a recent announcement covered by The Banker, the country has officially set mid-2026 as the target launch date for its real-time payments (RTP) system—a long-awaited infrastructure upgrade that will modernize how Canadians send, receive, and manage money.

📖 Source: The Banker – Canada Sets 2026 Date for Real-Time Payments

This development positions Canada to join the ranks of countries like the UK, Australia, and Singapore, which already benefit from the speed and security of real-time payment rails. At QubePay, we’re proud to be part of this progress—ready to empower merchants, fintechs, and financial businesses through our licensed Canadian operations.

⏱️ What Is Real-Time Payments (RTP)?

Real-Time Payments are transactions that move money instantly, 24/7, with immediate confirmation. Unlike traditional wire transfers or batch payments, RTPs offer:

• Immediate settlement

• Enhanced cash flow visibility

• Increased operational efficiency

• Reduced payment delays and fraud risk

This means Canadian consumers and businesses will soon enjoy faster, safer, and more data-rich transactions.

🏢 QubePay: A Licensed MSB in Canada

As Canada moves to implement its real-time payment system, QubePay is already licensed and operating in full compliance through our Canadian entity:

• Company Name: Qubic Financial Services Ltd (trading as QubePay)

• Company Number: 2025561214

• Registered Address: 436-1001 1 Street SE, Calgary AB T2G5G3, Canada

• FINTRAC Registration: M23206926 (Money Services Business)

This license enables us to legally facilitate secure payment solutions including money transmission, FX settlements, and merchant acquiring services across Canada and globally.

🚀 What RTP Means for QubePay Customers

The launch of RTP in Canada opens up exciting new possibilities for the clients and partners we serve:

✅ Faster Merchant Settlements

Merchants will be able to receive payouts in real time, improving liquidity and reducing delays in fund availability.

✅ Real-Time Consumer Payments

Businesses can issue refunds, rebates, or disbursements instantly—enhancing customer satisfaction and operational efficiency.

✅ Seamless Cross-Border Capabilities

With real-time infrastructure in place, QubePay can bridge Canadian businesses with international markets more efficiently than ever.

✅ Enhanced Payment Innovation

We’ll be rolling out new services that leverage RTP capabilities—from instant FX payouts to automated digital wallet top-ups.

🌐 Why This Matters for the Future of Payments

Real-time payments are not just a tech upgrade—they’re a fundamental shift in how money moves. Businesses that embrace RTP will gain:

• A competitive edge in customer service

• Reduced operational overhead

• Improved risk management

• Faster reconciliation and cash flow

With QubePay as your partner, you’re already one step ahead.

🔗 Ready to Future-Proof Your Payment Strategy?

At QubePay, we’re excited to support Canada’s leap into real-time payments. Whether you’re a startup, marketplace, or global merchant with Canadian clients, we’re here to help you move money faster, smarter, and safer.

👉 Learn more or get in touch at www.qubepay.com