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Payment Systems
Legal and Regulatory Framework
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Also of Interest...
The National Payments System is supported by various laws including the Payments System Act (May 2009), Banking Act (2011) in line with the 24 principles for Financial Markets Infrastructure (April 2012).
Participants to the National Payments System
Automated Clearing House (ACH) System
Real Time Gross Settlement (RTGS) System
Scripless Securities Settlement (SSS) System
National Payments System Landscape