To be able to operate, payment service providers, such as fintech companies, need access to payment infrastructure and a payment account. More payment service providers can contribute to greater efficiency and innovation in the payments market, thereby benefiting end-users of payment services such as consumers, merchants and others.

Today, credit institutions, investment firms, central counterparties, clearing organisations, central securities depositories and the Swedish National Debt Office can participate in the Riksbank's settlement system RIX and in Bankgirot's clearing and settlement service. On 9 April 2025, amendments to the Settlement Act (1999:1309) will enter into force, which will also allow payment institutions and e-money institutions to participate in settlement systems such as RIX. The changes are related to amendments to the Finality Directive and the EU Payment Services Directive, and have been implemented in local legislation across the EU. The aim of the legislative changes is to enable more players to offer payments on equal terms and to increase competition in payments, which can ultimately contribute to greater efficiency and innovation. The Riksbank takes a positive view of the new legislation, which you can read more about in the chapter The RIX payments system needs to be able to handle future challenges.