A standard institution must hold a major payment institution licence once the monthly average transaction value over a calendar year exceeds $3 million for any one of account issuance, domestic or cross-border transfer, merchant acquisition or DPT service ($6 million across two or more), or e-money float exceeds $5 million a day on average; it must apply to change its licence within the prescribed period, and may apply to vary the services its licence covers.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.