GUIDELINES to Register as an Association or Affiliation Member of the PSSF

AFFILIATION MEMBERS ADMINISTRATION AND SUBSCRIPTION

• of the specific needs of stakeholders who require access for the collection of payment instructions (“collection”) to those payment systems that are from time to time managed by the Payments Association of South Africa (“PASA”), as may be agreed with PASA from time to time, and/or



• of the specific needs of stakeholders (including system operators who provide collection-related services to other stakeholders) in regard to collection.
  
  Such stakeholders will include stakeholder bodies (through which such stakeholders are represented). The forum will focus on payment systems for the purpose of the collection of payments due to stakeholders (including where applicable Engagement Members), and facilitate participation in the process of determining solutions responding to such specific needs of stakeholders. The forum will focus on solutions in the AEDO and NAEDO payment systems;



• to provide counsel and advice, on a co-ordinated basis,  to PASA (including its members) on payment and clearing matters relating to the collection of payments due to stakeholders, while acknowledging PASA’s position and authority as the payment system management body recognised by the South African Reserve Bank (“SARB”) in terms of Section 3(1) of the National Payment System Act 78 of 1998 (“the NPS Act”);



• to co-ordinate and foster dialogue and co-operation between PASA and the Banking Association  (including their respective members), as Engagement Members, and stakeholder bodies representing stakeholders having interests in the collection of payments via the National Payment System (“NPS”)) who are Ordinary Members of the ssociation, in order to find acceptable solutions to the needs of such stakeholders and to limit and manage reputation and other risks that have arisen in the NPS through unacceptable market practices;



• to limit and manage risk in the access to and use of payment systems by members of stakeholder bodies, through the effective sanctioning of any delinquent stakeholder via the disciplinary processes of the stakeholder body of which that delinquent stakeholder is a member;



• to agree, prescribe and enforce minimum criteria for the constitutions and rules of conduct of stakeholder bodies who are Ordinary Members of the Association;



• to invite or co-opt, on a permanent or ad hoc basis, any person or body (hereinafter referred to as an "Invited  Member") having:
  
  
  • an interest in collections; or
  
  
  
  • specialised knowledge or expertise in collections; or
  
  
  
  • been tasked with supervision or oversight of any Ordinary Member or stakeholder; or
  
  
  
  • any other contribution, in the discretion of Steerco, to make to the deliberations and objectives of the Association;


• to attend meetings of the Association and participate in its activities as set out in this Constitution, without the right to vote or otherwise participate in the decision-making processes of the Association, and to withdraw such invitation or co-option;



• generally to promote responsible behaviour by stakeholders in the collections environment, and a sound working relationship between PASA, its members, and stakeholders and stakeholder bodies who seek access to payment systems for collection purposes.