Lae Chamber of Commerce

The Pro-Active Voice of the Morobe Business Sector

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Author: The Editor

An Automated Inter-Bank Payment System for Papua New Guinea

The National Payments System (NPS) of a country encompasses everything to do with the movement of money from payer to payee. It covers all phases of payment from initial offer of a payment instrument to final settlement. It is the essential lubrication mechanism for the engine of the economy. (A presentation by Dr Gae Kauzi – Assistant Governor BPNG)

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PO Box 265 Lae, Morobe Province Papua New Guinea

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