OPTION 1: PTO1 & PTO2 both issue PPI-MTS

NPCI Switch/ Pros:

CCHS No KYC* for PPI-MTS
* ‘No KYC’ is applicable for PPI-MTS without
interoperability between two Issuers. Hence
confirmation from RBI/NPCI is required for
PTO1 this scenario.
Issuance PTO2
infrastructure Issuance
Cons:
infrastructure
• Investment in Issuance infrastructure
• Certifications of all AFC infrastructure
PTO1 PTO2 as per banking industry
PTO1 AFC
Acquirer PTO2 AFC Acquirer • Cost of compliance ( one time and
system
bank ( for system bank (for recurring) for PPI License.
( CCS/SC)
Open loop) Open loop ) • PPI-MTS card will work only in
PTO1/PTO2. No upgradation to open
loop bank card.

PTO1 AFC PTO2 AFC

Terminals/ Terminals/
TOM TOM
OPTION 2: Only one (PTO1 or PTO2) issues PPI-MTS

NPCI Switch/ Pros:

CCHS No KYC* for PPI-MTS
* NPCI to confirm if they can provide CCHS
functionality for this scenario.

PTO1 Issuance
Infrastructure Cons:
• Investment in Issuance infrastructure
• Certifications of all AFC infrastructure
as per banking industry
PTO1 PTO2 • Cost of compliance ( one time and
PTO1AFC PTO2 AFC Acquirer
Acquirer recurring) for PPI License.
System System bank (for
bank ( for • PPI-MTS card will work only in
(CCS/SC) Open loop )
Open loop) BMTC/BMRCL. No upgradation to
open loop bank card.

PTO2 AFC PTO2 AFC

Terminals/ Terminals/
TOM TOM