Immediate Settlement (IS) Forum
Forum Overview
Industry coordination platform established to facilitate discussions, cooperation, and decision-making on real-time settlement operations.
Scope of Operations
The Immediate Settlement (IS) Forum is an industry-led coordination platform established to facilitate discussions, collaboration, and high-level decision-making on real-time settlement operations within the National Payment System (NPS). The forum drives key initiatives aimed at enhancing payment processing automation, improving settlement finality, and reducing operational friction in large-value and immediate settlement environments, aligning with regional integration models.
Through collaborative self-regulation, standard-setting, and risk monitoring, PAN coordinating forums ensure high systemic safety, legal compliance, and operational interoperability across Namibia's national payments market.