Risk Matrix

Payment System Matrix and Risk Matrix

Payment System Matrix (PSM) is an input in preparation of the Roadmap. PSM gives a summary of the payment systems, instruments, settlement mechanisms etc. This helps member countries in communicating with each other for understanding the systems and procedures as also to discuss / adopt best practices to bring systems on par. This is a step towards harmonisation.

All the member countries are to prepare a Risk mitigation matrix, as per their risk perceptions, for all the risk factors across payment systems operational in their countries.


“Converging to internationally recognized benchmark for efficient and safe electronic payment and settlement system infrastructure to cater to the emerging needs of the region.”


“Collaborate and assist in implementing enhanced and cost effective use of electronic banking and payment systems as recognized in the statement of common objectives.”