Traditionally, we have been the issuer of cash, a regulator of payment systems, and the operator of the Exchange Settlement Account System (ESAS) which along with Real-time Gross Settlement (RTGS) allows individual transactions between financial institutions to be settled electronically as the transactions happen, and of NZClear which provides financial markets with clearing and settlement services for high-value debt securities and equities.
As stated earlier, we are now taking a more unified outlook across money and payments, which includes taking an increased interest in retail payments.