Mauritius Central Automated Switch (MauCAS)
- Geographic Reach
Mauritius
- Gender disaggregated data
No
- Geographic Region
East Africa
- Coverage
Domestic
- Year Of Establishment
2019
- IPS
Cross-domain
- Interoperability Arrangement
Multilateral
- Governance Typology
Central bank led
- Ownership Model
Regulator-owned
- System Owner
Bank of Mauritius (Central Bank)
- Overseer
Bank of Mauritius (Central Bank)
- System Governance
Bank of Mauritius (Central Bank)
- Operator
Bank of Mauritius (Central Bank)
- Settlement Agent
Bank of Mauritius (Central Bank)
- Number of Unique IPS End Users
-
- Total Number Of Participants
15
- Number Of Direct Participants: Commercial Banks
11
- Number Of Direct Participants: E-money Issuers
1
- Number of Direct Participants: MFIs
-
- Number of Direct Participants: Other
3
- Number of Direct Participants: Post Office
-
- Indirect Participants Type
-
- Number Of Indirect Participants
-
- Supported Use Cases
P2P, P2B , P2G , Cross border
- Supported Instruments
Credit EFT, Debit EFT, E-money
- Primary Local Channel
App
- Supported Channels
App, Browser, QR Code, POS
- QR Code Enabled Type
Both
- Messaging Standard
ISO 20022
- Proxy ID
Bank account number , QR code
- Other Proxy ID Type
-
- Business Model
Not-for-profit
- Pricing Structure
The price structure is based on a cost recovery model. However since the system go-live in August 2019, the Bank of Mauritius has not applied any fee on participants.
- Scheme Rules Public
No
- Additional Recourse Requirements
Yes
- Dispute Resolution Mechanism
Yes
- API Functionality
Yes
- Startup Funding Source
Central Bank
- Participation in Decision Making
Yes
- Mechanism for Decision Making
An IPS participants Committee chaired by the Bank and comprising representatives of all participants has been set up for discussion on matters related to the IPS
- Ability to become Direct Participants
Yes
- Entities that cannot Participate
-
- Min Value for Transactions
1 MUR
- Corporate Structure
Other
- Other Corporate Structure
Fully owned and operated by the central bank
- Pull Request to Pay Enabled
Yes
- Third Party Connections Enabled
No
- Real Time Payment Confirmation
Yes
- Transaction Validation Enabled
Yes
- Inclusivity Ranking
Progressed
