Project Description
The Fiji Payment System Project aims to improve access to electronic payment services for the unserved and underserved households in Fiji and provide a modern infrastructure for financial service providers. This will be achieved by strengthening the legal frameworks, regulations and oversight of payment systems in the country, building national payment systems and enhancing capacity for regulators and market participants.
The delivery of this project will occur under two components: i. Legal and regulatory reform; and ii. Payment and securities settlement systems upgrade. Cutting across the two components will be capacity building and market awareness activities.