To run the country's payment system smoothly department is conducting the following activities:

• Formulation of National Payment Systems Strategy,
• Operation of Bangladesh Automated Clearing House (BACH) with its two wings - Bangladesh Automated Cheque Processing System (BACPS) and Bangladesh Electronic Funds Transfer Network (BEFTN),
• Implementation and development of National Payment Switch Bangladesh (NPSB) to facilitate inter-bank electronic payments.
• Adoption of initiatives to facilitate e-Payment Gateway.
• Enrichment of Mobile Financial Services with proper framework,
• Encouraging e-Commerce and m-Commerce.
• Formulation of required policy, guideline, legal & regulatory framework for modern payment and settlement systems.
• Formulation of Payment Systems Oversight to monitor and supervise country’s payment system.
• Establishment and operation of Real Time Gross Settlement (RTGS) System with proper guidelines.