The retail payments council

The retail payments council’s aim is to contribute to the economically efficient production and consumption of safe, efficient, accessible and appropriate payment services on a market characterised by competition on equal terms and well-balanced regulation. The retail payments council will assist with a comprehensive examination of central payment issues from the producer, consumer and authority perspectives. For example, the retail payments council can appoint working groups to investigate specific issues.

The retail payments council will act as a joint resource for all the stakeholders on the market and will strive for transparency in its work. Its starting point is therefore that the result of the council and working groups’ work will be published. The Riksbank acts as convener and is responsible for the administrative work.

Information from retail payments council meetings can be accessed via the links below. 

Organisation of the Retail Payments Council

The Retail Payments Council consists of 17 participants and observers that have an important role in the payments market. The Council's work is carried out by four working committees, which are responsible for driving the work forward: 

• Supervision and Regulation
• Accessibility of Payment Services
• Digitalisation and New Services
• Cash Management

The committees report their work to the Retail Payments Council via the Council Secretariat. The secretariat performs a coordinator function, coordinating the work of the committees and reporting it to the Retail Payments Council. The Riksbank provides the secretariat function. When necessary, the council shall be able to bring in persons from outside the Retail Payments Council's ordinary composition, from among market participants, professional organisations and authorities not represented in the council.