Ladies and Gentlemen, the mandate of PAN is, amongst others, the following:   to provide a forum for the consideration of matters of policy and mutual interest of members relating to the national payment system of Namibia;    to authorize and set standards for non-bank payment service providers related to payment instructions, clearing and settlement with the endorsement of the Bank of Namibia.
Current examples of authorized service providers authorized by PAN are SmartSwitch, Real Pay and Paym8. This allows the Bank of Namibia to focus on its mandate to authorize payment instruments such as Nampost Smart Card and electronic money instruments such as issued by MobiPay.