Payment rail

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A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network.[citation needed] Credit card rails are the credit card payment system. Blockchain is considered a newer type of payment rail, as are centralized electronic payment systems such as PayPal, Venmo and Zelle.[1][2] If the transferred funds are available immediately, a payment rail is referred to as a real-time rail.[3]


  1. ^ "PayPal and Google bind payment rails". 2018-05-25. Retrieved 2018-09-26.
  2. ^ "IS ZELLE BECOMING THE NEXT PAYMENT "RAIL"?". ThePaymentsReview. Retrieved 2019-12-02.
  3. ^ "Canada's payments modernization effort chugs towards 'real time rail' by end of 2019". 2018-09-18. Retrieved 2018-11-19.