ayment systems are critical components for a modern economy (cash-less / digital economy) to facilitate the transfer of money for goods and services. Its efficient functioning allows transactions to be completed in a timely, reliable and secure manner contributing to overall economic performance.

Vanuatu being composed of over 80 islands scattered over 12,189km² of surface area and prone to natural disasters, it is important to have an efficient and reliable financial infrastructure to promote;

• Economic development and growth
• Enable fast (real-time) transfer of funds between parties in different locations.
• Enable trusted and secure fund transfer
• Allow public convenience and ease of access to financial services with a minimal cost
• Provide foundational support for e-commerce and digital currencies
• Reduce risk of theft and fraud
• Reduce reliance on cash
• Support Financial inclusion and encourage development of small and rural enterprises
• Minimise risk of financial shock
• Encourage technological innovation in the financial sector
• Ensure Government and Financial services delivery to rural and remote areas