Whereas, it is necessary to ensure well-functioning and transparent interoperability service forpayment systems;

Whereas, it is necessary to promote good governance and transparency in the payment system operator;

Now, therefore, in accordance with sub-article 4(2a)/1, 4(2)/e, 19(3), 20(2),22(2), and 37(2) of the National Payment System Proclamation No.718/2011, the National Bank of Ethiopia has issued this Directive.