National Infrastructure
National
Payment System
Payment systems provide channels through which funds are transferred among financial institutions to discharge the payment obligations arising in the financial markets and across the wider economy.
Vision & Strategy
NPS Vision Objectives
Financial Inclusion
Enablement of optimal financial inclusion in South Sudan.
Interoperability
Creation of an interoperable NPS through First Principles Thinking.
Cost Efficiency
Lowering of the cost of account to account and merchant payments.
Tech Deployment
Deployment of the latest technology to provide access to finance.
MSME Enablement
Enabling MSMEs to become digital payment enabled at lowest cost.
Context of the NPS
As public institutions responsible for preserving public trust in the national currencies, and in line with their mandate for financial and monetary stability, central banks exercise a special form of supervision of payment systems called “oversight”.
The National Payments System (NPS)
The national payments system (NPS) comprises the financial market infrastructures as well as retail payment systems, instruments and payment service providers (PSPs). The term financial market infrastructure (FMI) refers to systemically important payment systems (SIPS), central securities depositories (CSDs), securities settlement systems (SSSs), central counterparties (CCPs), and trade repositories (TRs).
Networks and platforms for the delivery of retail payments play an important role today in supporting financial access. Modern retail payment technologies are already being used to integrate underserved and non-served segments of the population into the formal financial sector.
Embryonic South Sudan National Financial Inclusion Strategy.
The core objective set forth in a National Financial Inclusion Strategy (NIFS) is the development of a strategy and implementation plan for a country to achieve an inclusive financial system in which every adult has access to and is able to make full use of a range of adequate, quality and affordable financial services.
Infrastructure Summary
- •Systemically Important Payment Systems (SIPS)
- •Central Securities Depositories (CSDs)
- •Securities Settlement Systems (SSSs)
- •Central Counterparties (CCPs)
- •Trade Repositories (TRs)
Financial Market Infrastructure Governance Act Compliance 2026.
