The Bank of PNG is currently reviewing the National Payments Strategy and formulating recommendations to advance PNG's payments platforms. We are now open for submissions to the National Payments Strategy Review. We will be accepting submissions until 31 December 2024.
Please email your submissions in Word or PDF format to sandbox@bankpng.gov.pg
Some questions for consideration - please feel free to answer these, or create your own responses:
- What do you see as the biggest challenges facing digital payments in Papua New Guinea?
- Where do you see PNG's national payments framework in 2030?
- Will we be using wallets? cards? What other technologies might be used in 2030?
- How can we create incentives for financial inclusion in PNG?
- What barriers do we face to greater financial inclusion?
- Are there regulations, fees, charges or taxes that you believe stop diversification, growth and inclusion in the financial system in PNG?
- How can we crowd in more suppliers that can deliver diversified services to PNG citizens and businesses?
- What is missing in PNG's payments space?
- How can your business operate more effectively in payments? What services do you need?
- What would encourage you to go digital and eliminate cash from your business operations?