XTM’s Everyday Payments Kicks Off RPAA Compliance for Canadian Hospitality Sector
Event summary
- XTM’s subsidiary Everyday Payments has begun RPAA compliance for thousands of Canadian hospitality businesses.
- RPAA registration process started on February 2, 2026, following the Act’s November 2024 implementation.
- Everyday Payments is transitioning from AnyDay’s tip-out solution under a management services agreement signed October 22, 2025.
- New risk mitigation measures include regulated trust accounts (30–45 day rollout) and daily withdrawal transitions.
The big picture
XTM’s move underscores the growing regulatory scrutiny of payment service providers under Canada’s RPAA framework. The compliance push comes amid broader industry shifts toward safeguarding end-user funds and operational transparency, particularly for gig economy and hospitality workers. With thousands of businesses relying on Everyday Payments, the success of this transition could signal XTM’s ability to scale its platform while meeting stricter governance standards.
What we're watching
- Regulatory Alignment
- How quickly Everyday Payments can complete RPAA registration while maintaining operational stability for hospitality clients.
- Execution Risk
- Whether the transition from weekly to daily withdrawals will resolve reconciliation challenges without service disruptions.
- Market Positioning
- The pace at which XTM can leverage RPAA compliance as a competitive differentiator in Canada’s payments ecosystem.
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