The Payments Department (PD) is responsible for the regulation of the payments industry. PD formulates policies on the regulation of payment services, and supervises payment services providers (e.g. cross-border money transfer service providers, digital payment token service providers and money-changers) as well as payment systems (e.g. GIRO, FAST, NETS Electronic Funds Transfer at Point-of-Sale). PD also supervises non-bank credit and charge card issuers regulated under the Banking Act, and credit bureaus regulated under the Credit Bureau Act.