The duties of the Payment Systems and Financial Technologies Department, established within the CBRT Head Office, have been defined.
The Payment Systems and Financial Technologies Department has been tasked with:
- Operating the Bank's payment systems, and coordinating and monitoring activities for carrying out payment transactions,
- Carrying out regulation and oversight activities for payment and securities settlement systems,
- Carrying out regulation and implementation activities for payment services, electronic money issuance, payment institutions and electronic money institutions,
- Carrying out research and business development activities in the field of payment and securities settlement systems and financial technologies, and ensuring coordination and cooperation in work carried out with stakeholders inside and outside the Bank.
The Payment Systems and Financial Technologies Department consists of a Director General, Deputy Directors General and the following directorates:
a) Regulation and Oversight Directorate
b) Payment Services Licensing Directorate
c) Business Development Directorate
d) Financial Technologies Directorate
e) Payment Transactions Implementation and Monitoring Directorate
f) Payment Systems Operations Directorate
