Cancellation of Certificate of Authorisation

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પ્રકાશિત તારીખ નવેમ્બર 01, 2019

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પીડીએફ ( 287528 )

Cancellation of Certificate of Authorisation

The Reserve Bank of India, in exercise of the powers conferred on it under the Payment and Settlement Systems Act, 2007, has cancelled the Certificate of Authorisation (CoA) of the below mentioned Payment System Operator (PSO):

Company's Name	Registered Office Address	CoA No. & Date	Payment System Authorised	Date of Cancellation
My Mobile Payments Limited	MOM House, Plot No. 61, Ramchandra Lane, Kanchpada, Malad (West), Mumbai 400064	46/2011 dated 24.10.2011	Issuance and Operation of Prepaid Payment Instruments	31.10.2019

Following the cancellation of the CoA, the company cannot transact the business of issuance and operation of Prepaid Payment Instruments. However, customers or merchants having a valid claim, if any, on the company as PSO, can approach the company for settlement of their claims within three years from the date of cancellation.

(Yogesh Dayal)
Chief General Manager

Press Release : 2019-2020/1077