Litia Mathewsell
Nadi
The Payments Systems Decree will soon be finalised, says Reserve Bank of Fiji Governor Barry Whiteside.
He announced this in Nadi yesterday while opening the Alliance for Financial Inclusion’s (AFI) fourth Financial Inclusion Strategy Peer Learning Group (FISPLG) Meeting.
Mr Whiteside said the Decree is designed as the umbrella legislation that guides all payment system infrastructure, channels and players in the financial system.
Attendees at the meeting were also given an update on local efforts to avail financial services and literacy to under-served populations and through the education system.
“We provided enabling policies and approvals to mobile network operators to commence mobile financial services from 2010,” Mr Whiteside said.