The reformation of the National Payments Council so as to act as a conduit to promote innovation in the payments sphere.
As the sole institution with the mandate of ensuring financial stability, the Central Bank of Seychelles has, for some time, realised that it needs to further understand the dynamics of the phenomenon, which has given rise to technological innovation such as biometric authentication, mobile money and wallets, cloud computing, cross border remittances, Blockchain technology, big data, to name but a few.