Established in 2010, Payments NZ is an industry self-governing body that oversees the rules, standards, and operations of New Zealand's core payment clearing systems. Its mission is to ensure the country's payments ecosystem is safe, secure, open, and efficient. The organization manages and governs systems that process billions of transactions annually, including the Bulk Electronic Clearing System (BECS), the High Value Clearing System (HVCS), and the Consumer Electronic Clearing System (CECS). It works collaboratively with participants, including banks and financial institutions, to drive innovation and maintain the integrity of New Zealand's financial infrastructure.

Founded in

New Zealand