Payment Systems


The efficient functioning of the financial system relies on the soundness and safety of the National Payments System (NPS). The NPS consists of all systems which facilitate the clearance and settlement of payments. The more significant of these are the large-value systems such as the Real Time Gross Settlement (RTGS) system, the Government Securities Settlement (GSS) system, and retail payment systems such as the Cheques Clearing House, the Automated Clearing House (ACH) and card payment schemes.

The Financial Institutions Act, 2008 upgraded the legal foundation for payments by among other things, enabling payment finality, and making explicit the Bank’s responsibility for payment system oversight and regulation.

The Bank has adopted the internationally accepted standard of the Core Principles for Systemically Important Payment Systems as its benchmark in conducting oversight assessments of systems. 

The Payments System department publishes a quarterly newsletter, called Payments Quarterly, to keep stakeholders informed of developments in the national payment system. The bank also holds the chairmanship of the payments System Council This is a voluntary body comprising stakeholders in the Payments System whose purpose is to support the achievement of sound and efficient payment systems in the country.


Payment System Council Web Page

Central Bank of Trinidad and Tobago Approved Payments System Providers/Operators



Adoption of Committee on Payment & Settlement Systems and International Organisation of Security Commissions Principles for Financial Market Infrastructures by the Central Bank of Trinidad and Tobago - November 2014



Oversight Report 2012

Payments System Oversight Report 2010

Statistical Report on Payment Systems in Trinidad and Tobago 2000-2010



Payments Quarterly and safe-tt Publications



  1. Licensing and Operation of Interbank Payment Systems - November 2012
  2. Registration and Operation of Non-Interbank Payment Systems - November 2012
  3. Operation of Payment Service Providers - November 2012
  4. Oversight of Systemically Important Payment Systems - December 2012



“Presentation on the Promotion of E-Payments” made to the Bankers Association of Trinidad and Tobago by Deputy Governor Alvin Hilaire on behalf of the Payments System Council - February 2014

Please click link to view presentation. Promotion of E-Payments in T&T


Selected Payments System Statistics

Number of ATM and POS machines by year

Credit Card Transactions by year

Debit Card Transactions by year

Number of ATM and POS machines by month

Credit Card Transactions by month

Debit Card Transactions by month