Common Card And Payment Switch (CCAPS)

Common Card And Payment Switch (CCAPS)

This will facilitate rapid economic activity through faster payments and facilitate the integration of future financial services.

As per the road map of the National Payment Council (NPC) and the decisions taken by the NPC, LankaClear has been requested to establish the Common Card and Payment Switch (CCAPS) in Sri Lanka.

The switch would be implemented in three phases:

  • Phase I: Common ATM Switch
  • Phase II: Mobile Payment and EFT Switch
  • Phase III: POS Switch

As part of the implementation of the above phases of the switch, a National Payment Framework would be developed which will include the operational procedures, certification process for the participating banks, dispute management procedures, reconciliation/clearing/settlement process, messaging standards and security standards.

The CCAPS would create the backbone infrastructure for all future electronic payments in the country and would avoid the duplication of infrastructure and provide the best benefit for the participating banks and well as end users through economies of scale.


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