Mumbai (18/05/2022): 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 | Reason for Cancellation |
| Edenred (India) Private Limited (Earlier Accor Services Private Limited) |
Kalpataru Prime, Unit 3 & 4, Level 4, Road No. 16, Wagale Industrial Estate, Thane (West) – 400 604 | 43 / 2010 dated 29.10.2010 | Meal and gift paper vouchers, meal and cafeteria cards, gift cards. The products are mainly under the brand name ‘Ticket/Ticket Restaurant/Ticket Compliments’ | 30.04.2021 | Voluntary Surrender |
Following the cancellation of the CoA, the company cannot transact the business of the authorised payment system, as mentioned above. However, customers or merchants having a valid claim, if any, on this company as PSO, can approach it for settlement of their claims within three years from the date of cancellation.
