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Payment systems forum

The Payment Systems Forum is an advisory structure of Banco de Portugal with the mission of contributing to the implementation of safe, efficient and innovative payment solutions in the Portuguese market. 

The Forum brings together the main national stakeholders involved in the supply and demand of payment services and public administration representatives:

  1. Supply of payment services: (i) three banks that are part of the Payment Systems Interbank Commission (Comissão Interbancária para os Sistemas de Pagamentos – CISP), on rotation for periods of two years; (ii) one bank that is not part of the Payment Systems Interbank Commission, on rotation for periods of two years; (iii) one representative of the Portuguese Banking Association (Associação Portuguesa de Bancos – APB); (iv) one representative of the processing entity appointed by Banco de Portugal for the Interbank Clearing System (Sistema de Compensação Interbancária – SICOI); (v) one representative of a payment institution; and (vi) one representative of an electronic money institution; 
  2. Demand for payment services: (i) one representative of the association for consumer protection; (ii) one representative of the association of specialised credit institutions; (iii) representatives of the corporate sector whose activity is relevant for the issues dealt with by the Forum, covering different economic activity sectors; 
  3. Public administration: (i) representatives of central government bodies whose activity is relevant for the issues dealt with by the Forum; and (ii) one representative of the local government (municipalities).

In addition to Banco de Portugal, holding the chairmanship, the Forum’s composition since April 2018 has been the following:

Payment services providers and the managing entity for the payment system infrastructure

Portuguese Banking Association (Associação Portuguesa de Bancos – APB)

Banco Comercial Português

Caixa Geral de Depósitos

Banco Santander Totta

Banco CTT

Easypay – Payment Institution

MasterCard Europe

SONAE Financial Services

SIBS Forward Payment Solutions


General government bodies

Portuguese Treasury and Debt Management Agency (Agência de Gestão da Tesouraria e da Dívida Pública – IGCP)

Administrative Modernisation Agency (Agência para a Modernização Administrativa – AMA)

National Association of Portuguese Municipalities (Associação Nacional de Municípios Portugueses – ANMP)

Tax and Customs Authority (Autoridade Tributária e Aduaneira – AT)

Portuguese civil servants retirement and survivor pensions funds (Caixa Geral de Aposentações – CGA)

Consumer Directorate General (Direção-Geral do Consumidor – DGC)

Institute for the Financial Management of Social Security (Instituto de Gestão Financeira da Segurança Social – IGFSS)

Public Institute of Participated Management (Instituto Público de Gestão Participada – ADSE)

Institute of Social Security (Instituto da Segurança Social – ISS)

Office for Strategy and Studies of the Economy Ministry (Gabinete de Estratégia e Estudos)

Office of Planning, Strategy, Evaluation and International Relations of the Ministry of Finance (Gabinete de Planeamento, Estratégia, Avaliação e Relações Internacionais – GPEARI)

Visit Portugal (Turismo de Portugal)

Consumer associations

Portuguese Association for Consumer Protection (Associação Portuguesa para a Defesa do Consumidor – DECO)

Corporate sector

Águas de Portugal – AdP (water supply)

Association of Specialised Credit Institutions (Associação das Instituições de Crédito Especializado – ASFAC)

Portuguese Association of Electronic Commerce and Interactive Advertising (Associação da Economia Digital – ACEPI)

FinTech and Insurtech Portugal (Associação FinTech e InsurTech Portugal – AFIP)

Portuguese Association of Retail Companies (Associação Portuguesa de Empresas de Distribuição – APED)

Portuguese Direct Marketing Association (Associação Portuguesa de Marketing Direto –AMD)

Brisa (highway operator and transport infrastructure company)

Companhia Carris de Ferro de Lisboa (Lisbon public transport company)

Energias de Portugal – EDP (energy company)

Fidelidade – Companhia de Seguros (insurance company)

Galp Energia

Jerónimo Martins


Metropolitano de Lisboa


Ocidental Seguros

Sociedade de Transportes Coletivos do Porto – STCP) (public transport service of passengers in the metropolitan area of Porto)

Sonae MC (Modelo Continente)

Vodafone Portugal

The Payment Systems Forum is the national structure liaising with the Euro Retail Payments Board (ERPB) and the European Forum for Innovation in Payments (EFIP), two European structures sharing responsibilities in the development of payment systems. 

Conferences organised by the Forum