KATS (Kina Automated Transfer System)Papua New Guinea’s combined RTGS and bulk clearing system: instant settlement of high-value payments and processing of low-value payments on a single platform.Bank of Papua New GuineaISO 20022 migration carried out on October 25–26, with go-live on October 27, 2025 (Bank of PNG/The National).
Global registry · Asia-Pacific · Oceania
Papua New Guinea Payment systems
5 systems listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
Learn about this market. The guides and courses that cover it.
Payments in Oceania and CanadaPayments in Central AsiaPayments in South Asia outside IndiaPayments in Southeast AsiaPayments in Japan and KoreaPayments in Malaysia and SingaporeAccepting payments in Australia and New ZealandAccepting payments in Indonesia and ThailandAccepting payments in Japan and South KoreaAccepting payments in Southeast AsiaPayments in Asia: super-apps, public rails, and cross-border QROpening a new market: the payments playbook
Instant payments
Mobile money
CellMoniPapua New Guinea’s leading telecom mobile money service, connected to the national switch.Digicel Financial Services PNG
MiCashMobile money run by a microbank rather than a telecom operator and focused on rural areas, a different model from CellMoni.Nationwide Microbank (MiBank)
Wantok Moni / KinaKonnectMobile banking services from PNG’s two largest banks, interoperable through REPS.Bank of South Pacific (Wantok Moni) / Kina Bank (KinaKonnect)
Interoperable QR
REPS (Retail Electronic Payments System) / National SwitchThe national switch that made banks, microbanks, and wallets interoperable in PNG. Its instant payment service for the unbanked launched in March 2021.Bank of Papua New Guinea · since 2019Six institutions connected at launch (BSP, Kina Bank, Westpac, Nasfund Contributors Savings & Loan, Nationwide Microbank, People’s Micro Bank); 1.06 million mobile banking accounts in December 2021, 33% of them held by women (CEFI).