Introduction  It is with great pleasure that I join you in celebrating the tenth anniversary of the Payment Association of South Africa (PASA). As financial systems have become increasingly complex, stricter regulation, overview and co-ordination of payment systems has been required. South Africa has been no exception, and PASA was born as an integral part of this process.
As with most young children, there have been many growing pains, but it is a tribute to all those involved with the organisation that with the passage of time, PASA is developing into a mature adult.