Mission Statement

PASA has the responsibility to manage the South African payment clearing system in order to:

• provide the South African banking community with safe and efficient facilities to exchange payments;
• protect the integrity of the payment system;
• manage the clearing and settlement risks in the payment system;
• facilitate access of participants and prospective participants to the payment system on a fair and equitable basis;
• facilitate communication between participants; and enable proper understanding of the system and the rules applicable to it.