In 2012, Danmarks Nationalbank established the Payments Council as a forum for collaboration on Danish retail payments. The object of the Council is to promote the efficiency and security of these payments for all parties involved, i.e. consumers, firms, banks, etc. Furthermore, the Council contributes to providing better statistics for payments in Denmark.
Danmarks Nationalbank chairs the Payments Council and provides secretariat services. In addition, the Council comprises representatives of The Confederation of Danish Enterprise, Confederation of Danish Industry (DI), Ministry of Industry, Businesss and Financial Affairs, the Danish Financial Supervisory Authority, Finance Denmark, the Danish Consumer Agency, SMEdenmark and Nets.
Members of the Danish Payments Council