> This new national payment system will transform day-to-day payments for Canadian businesses and consumers by enabling instant speed and settlement.
It does sound like it's for consumers as well
This mostly is referencing ETF tranfers that are relevant to consumers - e.g. bill payments and employer pay deposits that currently take several days.
In the same way that PAD is for consumers as well.
It will _eventually_ be exposed to consumers through their banks, but it is financial infrastructure for now.