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Introduction to the National Payments System

The National Payments System (NPS) controls how participants at all levels — from the person on the street to banks, governments and international participants — exchange value within an economy and across national borders.

In practice, the NPS is the framework of laws, regulations, systems, mechanisms, procedures and agreements (commercial, process and risk management) that governs payments. It covers the entire payment process and all participants.

Read more about the NPS and why it matters here.

David Porteous
David has been involved in finance inclusion initiatives internationally for more than two decades. He received his bachelor’s degree in Accounting from the University of Cape Town, and later obtained an M.Phil in economics from Cambridge and a PhD (Economics) from Yale. David has held executive roles in public and private financial institutions in Africa, and is the founder and CEO of BFA, a consulting firm based in Boston.

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