One of the strategies, for example, relates to the establishment of a sound legal framework which culminated in the promulgation of the National Payment System (NPS) Act in October 1998. A review completed in 2003, revealed that all major payment system strategies that had been identified in the Blue Book had been achieved.
The South African payment industry has matured immensely since the launch of the Blue Book and subsequently two additional vision documents with a shorter time horizon of five years, namely, Vision 2010 and Vision 2015, were established to guide the development of the payment system into the future.