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.
Terms of reference for the Danish Payments Council
The Danish Payments Council's purpose and areas of work are termed in the Terms of reference for the Danish Payments Council.
Members of the Danish Payments Council
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, Business and Financial Affairs, the Danish Financial Supervisory Authority, Finance Denmark, the Danish Consumer Agency, SMEdenmark and Nets.
The Danish Payments Council comprises nine members who have a generel interest in retail payments. Each member has one representative in the council.
Currently, the Danish Payments Council comprises the following members and representatives:
Danmarks Nationalbank (Chairman)
The Confederation of Danish Enterprise
Confederation of Danish Industry (DI)
Ministry of Industry, Business and Financial Affairs
Mette Tams Kitaj
The Danish Financial Supervisory Authority
Jon Hasling Kyed
Danish Consumer Council