Most central banks use third-party payment providers
Montran, Swift, and CMA Small Systems come up repeatedly as third parties
Nearly two-thirds of central banks, 64%, use third parties for payment systems purposes, data from the Payments Benchmarks 2023 shows.
The Montran Corporation was the most reported third-party provider of payment services, which was also the case in the Payments Benchmarks 2022. Swift and CMA Small Systems were also widely cited providers.
Smaller central banks were more likely to report using third parties. Among the smallest half of the sample by staff size, 75% of central banks use a third
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