Foundation course on National Payment Systems
Course Feature
Class Description
Course Objective
To introduce participants’ to the policy, framework and regulatory issues in the National Payments System (NPS).
Course Content
- Designation of a payment system
- Amendment to constitution and rules of designated payment systems.
- Inspection of constitution and rules of designated payment systems.
- Designation of payment instrument
- Recognition of a payment system management body
- Objectives of a recognized payment system management body
- Effecting settlement
- Clearing provisions
- Payments to third parties
- Authorization of payment service providers (PSP’s)
- Application for authorization
- Renewal of authorization
- Revocation of authorization
- Netting agreements and rules
Target Group
Newly posted officers and those who have been in payments departments for 1-2 years.
Venue
Mombasa