Payment Systems Department

E700865

The Payment Systems Department is a specialized division of the State Bank of Pakistan responsible for overseeing, regulating, and developing the country’s payment and settlement infrastructure.

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Label Occurrences
Payment Systems Department canonical 1

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Statements (48)

Predicate Object
instanceOf department
organizational unit
country Pakistan
function compliance monitoring for payment systems
coordination with domestic and international stakeholders on payment issues
formulation of payment system policies
licensing of payment system entities
promotion of innovation in payment systems
risk assessment of payment infrastructures
goal encourage adoption of digital financial services
ensure efficiency of payment and settlement systems
ensure safety of payment systems in Pakistan
promote financial stability through robust payment infrastructure
support financial inclusion via payment innovations
industry payments industry
jurisdiction Pakistan NERFINISHED
oversees card-based payment networks
digital payment channels
large-value interbank payment systems
national payment and settlement infrastructure
retail electronic payment systems
parentOrganization State Bank of Pakistan NERFINISHED
partOf State Bank of Pakistan NERFINISHED
regulates clearing houses for payment systems
electronic payment schemes
payment service providers in Pakistan
payment system operators in Pakistan
regulatoryRole oversight of payment systems
regulation of payment systems
supervision of payment and settlement systems
responsibleFor development of payment and settlement infrastructure
facilitating digital payments adoption
implementation of payment system regulations
monitoring systemic risk in payment systems
oversight of card payment schemes
oversight of clearing and settlement systems
oversight of electronic funds transfer systems
oversight of payment service providers
oversight of payment system operators
oversight of real-time gross settlement systems
oversight of retail payment infrastructure
payment systems oversight in Pakistan
policy framework for payment systems
promoting safe and efficient payment mechanisms
regulation of large-value payment systems
regulation of retail payment systems
sector financial sector
typeOfOrganization central bank department

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

State Bank of Pakistan hasDivision Payment Systems Department