The Act made provision for a Payment System Management Body, not only to manage the affairs of its members in relation to payment instructions, but also to act as a medium of communication with the different stakeholders, namely the Bank, Government, public bodies, the media and even the general public.
From what we understand there were some "teething" problems but PASA has over the past ten years matured in terms of both the structural arrangements and its stature. Today PASA has a governing council, an executive office and several strategic, risk and payment clearing house workgroups or committees which has increased its operational efficiency and effectiveness quite significantly.