Mumbai: The Reserve Bank of India cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa after its voluntary surrender of authorisation.
The company henceforth cannot transact business of issuance and operation of Prepaid payment Instruments, RBI said. The central bank, however, said that the customers or merchants having a valid claim on the company as a PSO, can approach the company till September 30, 2022, for settlement of their claims within three years from the date of cancellation.
"The RBI has cancelled the Certificate of Authorisation (CoA) of the below mentioned Payment System Operator (PSO) on account of voluntary surrender of authorisation," RBI said.
Canada Tightens Visa Rules For Indian Students; Rejects 74% Applications - DETAILS
Indian Cricket Fan Goes Viral For Witnessing Both 2011 & 2025 World Cup Wins LIVE From Stadium, Fans Ask, '2023 Mein Kyun Nahi Gaye'
Kolkata Premier League Scam: Police Bust Football Match-Fixing Racket, 2 Arrested
HBTU Kanpur Recruitment 2025: Registration Process For 28 Vacancies Underway; Read Guidelines here
