Date : November 16, 2018 Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India A. Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India
The Payment and Settlement Systems Act, 2007 along with the Board for Regulation and Supervision of Payment and Settlement Systems Regulations, 2008 and the Payment and Settlement Systems Regulations, 2008 have come into effect from 12th August, 2008.
The list of 'Payment System Operators’ authorised by the Reserve Bank of India to set up and operate in India under the Payment and Settlement Systems Act, 2007 is as under:
Sr. Name of the Address of the Payment System Date of issue of No. Authorised Principal Office Authorised Authorisation Entity & Validity Period (given in brackets) Financial Market Infrastructure 1. The Clearing The Managing i. Securities 11.02.2009 Corporation of Director, segment covering India Ltd. Clearing Corp. of Govt Securities; India, ii. Forex 5th, 6th & 7th floor Settlement Trade World, Segment -do- “C” Wing Kamala comprising of sub- city, SB Marg, segments Lower Parel (West) a. USD-INR Mumbai 400 013 segment, -do- b. CLS segment – Continuous Linked Settlement (Settlement of Cross Currency -do- Deals), c. Forex Forward segment; iii. Rupee Derivatives -do- Segment-Rupee denominated trades in IRS & FRA. Retail Payments Organisation 2. National The Chief Executive i. National Payments Officer, Financial Switch Corporation of National Payments (NFS) 15.10.2009 India Corporation of ii. Immediate India, Payment System 1001A, B wing, (IMPS) 12.10.2010 10th Floor, iii. Affiliation of The Capital, Bandra RuPay Cards – Kurla Complex, (debit cards/ Bandra (East), prepaid cards) Mumbai–400 051. issued by banks and co-branded credit cards issued by non-banking financial 12.07.2012 companies (NBFCs) or any other entity approved by the RBI. iv. National Automatic Clearing House 23.05.2013 (ACH) v. Aadhar Enabled Payments System 11.01.2011 (AEPS) vi. Operation of Cheque Truncation System 21.09.2011 vii. Unified Payments Interface 24.08.2016 Cards Payment Networks 3. American The Chief Executive Affiliation of 31.03.2009 Express Banking Officer, credit cards/debit Corp., USA American Express cards/prepaid Banking Corp., cards issued by 200 Vesey Street banks and co- MC 01-39-12 New branded credit York, cards issued by NY USA 10285. non-banking financial companies (NBFCs) or any other entity approved by the Reserve Bank of India. 4. Diners Club The Chief Executive Affiliation of 30.06.2010 International Officer, credit card issued Ltd., USA Diners Club by banks or any International Ltd. other entity 2500, approved by the Lake Cook Road Reserve Bank of River woods, India. Illinois (IL) – 60015, U S A. 5. MasterCard The Chief Executive Affiliation of 01.12.2014 Asia/ Pacific Officer, credit cards/ debit Pte. Ltd., Mastercard Asia/ cards/ prepaid Singapore Pacific Pte. Ltd, cards issued by (Earlier 3 Fraser Street, banks and co- MasterCard DUO Tower, #17- branded credit International 21/28, cards issued by Incorporated, Singapore 189352 non-banking USA was financial performing this companies activity) (NBFCs) or any other entity approved by the Reserve Bank of India. National The Chief Executive Affiliation of 12.07.2012 Payments Officer, RuPay Cards Corporation of National Payments (debit cards/ India Corporation of prepaid cards) India, issued by banks 1001A, B wing, and co-branded 10th Floor, credit cards issued The Capital, by non-banking Bandra-Kurla financial Complex, companies Bandra (East) (NBFCs) or any Mumbai–400 051. other entity approved by the RBI. 6. Visa Worldwide The President Visa Affiliation of 01.04.2010 Pte. Limited, Worldwide Pte. credit cards/ debit Singapore Limited, cards/ prepaid (Earlier Visa 30 Raffles Place, cards issued by International # 10-00 Chevron banks and co- Service House Singapore - branded credit Association, 048622 cards issued by USA was non-banking performing this financial activity) companies (NBFCs) or any other entity approved by the RBI. Cross border Money Transfer – in-bound only 7. Bahrain The Director Money Transfer 30.09.2009 Financing Bahrain Financing Service (MTSS)– Company, BSC Company, cross border in- (C) BSC (c), Bab AL bound service Bahrain Building, (customer to Bab AL Bahrain customer) known Avenue, as “EzRemit” Government Road, P.O Box 243 Manama, Bahrain 8. Continental The Chief Executive MTSS- cross 28.04.2014 Exchange Officer, border in-bound (Valid upto Solutions Inc, 6565, Knott service (customer 27.04.2019) USA Avenue, Buena to customer) Park, known as “Ria California, 90620- Money Transfer” USA 9. Fast Encash The Chief Executive MTSS- cross 03.04.2017 Money Transfer Officer, border in-bound (Valid upto Services Ltd. 144, High Street service (customer 31.03.2020) North, London E6 to customer) 2HT 10. Global Foreign The President MTSS- cross 30.09.2009 Exchange Inc., Global Foreign border in-bound (Valid upto Canada Exchange Inc, service (customer 30.09.2023) 420 Britannia Road to customer) East, known as Suite 200, “Transfast” Mississauga, ON L4Z 3L5 Canada 11. MoneyGram The President & MTSS- cross 25.05.2009 Payment Chief Executive border in-bound (Valid upto Systems Inc, Officer, service (customer 31.05.2019) USA. 1550 Utica Avenue to customer) South, Minneapolis, known as Minnesota 55416, “MoneyGram or U.S.A. MoneyGram International” 12. Royal Exchange The President, MTSS- cross 30.09.2009 (USA) Inc., Royal Exchange border in-bound (Valid upto USA (USA) Inc., 1155, service (customer 30.06.2019) Green Street, to customer) ISELIN, New Jersey- 08830, USA. 13. UAE Exchange The Managing MTSS- cross 30.09.2009 Centre LLC, Director & CEO, border in-bound UAE UAE Exchange service (customer Centre LLC, P.O to customer) No. 13304, known as “Xpress Building of Nassar Money” Bin Abdul Latiff Naïf Street Deira, Dubai, U A E 14. Wall Street The Group MTSS- cross 30.09.2009 Exchange Managing Director, border in-bound Centre LLC, Wall Street service (customer UAE Exchange Centre to customer) LLC, known as “Instant Central Office Cash” Building, AI Sabhkha, Naif Road P.O Box 3014, Deira, Dubai UAE. 15. Western Union The Chief Executive MTSS- cross 31.03.2009 Financial Officer, border in-bound Services Western Union service (customer Incorporated, Financial Services to customer) USA Inc, USA, known as Western Union “Western Union or Financial Services WU” Incorporated, 12500, East Belford Avenue, MSM23B7, Englewood, Colorado–80112, U S A ATM Networks 16. Bank of India The Chairman & ‘BANCS’ – ATM 12.08.2009 Managing Director network Bank of India, Star House C-5 ‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051. 17. Euronet Services The Managing CASHNET – 25.05.2009 India Private Director, ATM Network Limited Euronet Services India Private Limited, 2nd Floor, Marwah House, Krishanlal Marwah Marg, Andheri (E) Mumbai – 400 072. National The Chief Executive National Financial 15.10.2009 Payments Officer, Switch (NFS) Corporation of National Payments India Corporation of India, C-9, 8th Floor, RBI Premises, Bandra – Kurla Complex, Bandra East, Mumbai–400 051. 18. Punjab National The Chairman & Bilateral ATM 05.04.2010 Bank Managing Director, sharing Punjab National arrangement with Bank, 7, Everest Bank of Bhikaji Cama Place Nepal New Delhi 110049. 19. State Bank of The Chairman State i. State Bank 12.08.2009 India Bank of India Group Payment Corporate Centre, ii. State Bank Madam Cama Road Group ATM Mumbai 400 021. network iii. Agency Clearing System for State Bank Group Pre-paid Payment Instruments 20. Aircel Smart The Chief Executive Pre-paid Payment 04.06.2015 Money Limited Officer, Instruments (Valid upto Aircel Smart Money 30.06.2020) Limited, 2nd and 5th Floor, Building No 10 A, DLF Cybercity, DLF Phase 2, Gurgaon, Haryana 21. Amazon Pay The Chief Executive Pre-paid Payment 22.03.2017 (India) Private Officer, Amazon Instruments (Valid upto Limited Pay (India) Private known as 31.03.2022) (formerly Limited “Amazon Pay Amazon Online , #26/1, Brigade balance: Money” Distribution Gateway, World Services Private Trade Centre, 8th Limited) floor, Dr. Rajkumar Road, Malleswaram (West), Bangalore – 560 055 22. Appnit The Chief Executive Pre-paid Payment 22.03.2017 Technologies Officer, Appnit Instruments (Valid Upto Private Limited Technologies 31.03.2022) Private Limited, 403, 4th Floor, Tower A, Logix Technova Centre, Sector 32, Noida, Uttar Pradesh – 201 301 23. Balancehero The Chief Executive Pre-paid Payment 18.07.17 India Private Officer, Balancehero Instruments (Valid upto Limited India Private 30.09.2019) Limited, Office No – 121, 2nd Floor, Sector 44, Gurugram, Haryana - 122003 24. Card Pro The Chief Executive Pre-paid Payment 04.06.2015 Solutions Pvt. Officer, Instruments (Valid upto Ltd. Card Pro Solutions 30.06.2020) Pvt. Ltd., 135, A to Z Industrial Estate, G K Marg, Lower Parel, Mumbai 400 013 25. Delhi Integrated The Chief Executive Pre-paid Payment 27.08.2015 Multi- Modal Officer, Instruments (Valid upto Transit System Delhi Integrated 30.09.2020) Limited Multi-Modal Transit System Limited, 1st floor, Maharana Pratap ISBT Building, Kashmere Gate, Delhi – 110 006 26. Delhi Metro Rail The Chief Executive Pre-paid Payment 20.02.2017 Corporation Officer, Delhi Metro Instruments for (Valid upto Limited Rail Corporation Mass Transit 31.03.2022) Limited, Metro Systems Bhawan, Fire Brigade Lane, Barakhamba Road, New Delhi - 110001 27. DigitSecure The Chief Executive Pre-paid Payment 23.07.2012 India Private Officer, DigitSecure Instruments e- (Valid upto Limited India Private wallet known as 30.09.2020) Limited, ‘HotRemit' Plot No: 1303 and 1304, 4th Floor, Khanamet, Hitech City, Ayappa Society, Madhapur, Hyderabad - 500 081. 28. Edenred (India) The Managing Meal and gift 29.10.2009 Private Limited Director & Chief paper vouchers, (Valid upto – nee Accor Executive Officer, meal and cafeteria 30.04.2020) Services Pvt. Edenred (India) cards, gift cards. Ltd. Private Ltd; The products are Camera House, mainly under the Majiwade Village brand name Road Majiwade, ‘Ticket/Ticket Thane (W) 400 601. Restaurant/Ticket Compliments’ 29. Eko India The Chief Executive Pre-paid Payment 25.03.2015 Financial Officer, Instruments (Valid upto Services Private Eko India Financial 31.03.2020) Limited Services Pvt. Ltd., 3rd Floor, Phase II, Plot No 34, Institutional Area, Sector 44 Gurgaon 122 003. 30. E-Meditek The Chief Executive Pre-paid Payment 07.10.2016 Global Private Officer, E-Meditek Instruments (Valid upto Limited Global Private 31.12.2021) Limited, Plot No. 577, Udyog Vihar, Phase –V, Gurgaon, Haryana - 122016 31. Flytech Aviation The Chief Executive Pre-paid Payment 28.04.2017 Limited Officer Instruments (Valid upto Flytech Aviation 30.06.2019) Limited H.No 1-8-303/33, 3rd floor Nagam towers, opp. NTR circle Police lines, Minister Road, Secunderabad Telangana – 500 003 32. GI Technology The Director, Pre-paid Payment 29.10.2009 Private Limited GI Technology Instruments Card (Valid upto Private Limited, known as 'I Cash' 31.10.2019) Unit No. 301 & 302, 3rd Floor, Campus 3B, RMZ Millenia, Business Park, 11, MGR Main Road, Perungudi, Chennai – 600 096 33. Hip Bar Private The Chief Executive Pre-paid Payment 22.08.2016 Limited Officer, Instruments (Valid upto Hip Bar Private 30.09.2021) Limited, 34, (First Floor), 4th Main Road, Gandhi Nagar, Adyar, Chennai – 600 020 34. InCashMe The Chief Executive Pre-paid Payment 06.04.2018 Mobile Wallet Officer, Instruments (Valid upto Services Private InCashMe Mobile 30.06.2020) Limited Wallet Services Private Limited, InCashMeTM House, 5/B Suhasnagar Society, Behind Income Tax Department, Ashram Road, Ahmedabad, Gujarat – 380 009 35. India Transact The Chief Executive Pre-paid Payment 30.05.2014 Services Officer, Instruments (Valid upto Limited. India Transact known as ‘Ongo’ 31.05.2019) Services Limited, ITSL, 14th Floor, Tower 3, Indiabulls Finance Center, S. B. Marg Elphinstone Road (W) Mumbai 400 013 36. Itz Cash Card The Chief Executive Pre-paid Payment 25.08.2009 Ltd. Officer, Instruments (Valid upto Itz Cash Card known as 30.11.2020) Limited, ‘EBIXCASH’ Top 14th floor, Times Tower, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai 400 013 37. Kedia Infotech The Chief Executive Pre-paid Payment 29.07.2015 Ltd. Officer Instruments (Valid upto Kedia Infotech Ltd. known as ‘Etran 30.09.2020) 518, 5th Floor Wallet’ Swapnalok Complex S D Road Secunderabad 500 003 38. LivQuik The Chief Executive Pre-paid Payment 08.08.2016 Technology Officer, Instruments (Valid upto (India) Private LivQuik 30.09.2021) Limited Technology (India) Private Limited, 709, Maker Chambers V, Nariman Point, Mumbai – 400 021 39. Manappuram The Chief Executive Pre-paid Payment 08.02.2017 Finance Limited Officer, Instruments (Valid upto Manappuram 31.03.2022) Finance Limited, Manappuram House, P.O. Valappad, Thrissur, Kerala - 680 567 40. Mpurse Services The Chief Executive Pre-paid Payment 30.06.2014 Pvt. Ltd. Officer, Instruments (Valid upto Knowledge known as ‘mpurse 30.06.2019) Boulevard, wallet’ Plot No. A/8A, Tower-B, 5th Floor, Sector- 62, Noida- 201 309 41. Muthoot Vehicle The Managing Pre-paid Payment 29.10.2009 & Asset Finance Director, Instruments e- (Valid upto Ltd. Muthoot Vehicle & wallet known as 31.12.2018) Asset Finance Ltd. ‘Muthoot Money’ 1st Floor, Cochin and m-wallet Dental Clinic Bldg. known as Market Road, ‘Muthoot wallet’ Towards Kombara, Kochi 682 014 42. My Mobile The Chief Executive Pre-paid Payment 24.10.2011 Payments Officer, Instruments (Valid upto Limited My Mobile known as ‘MOM’ 31.10.2019) Payments Limited, 7th Floor, MET Complex, Opp. Lilavati Hospital, Bandra – West, Mumbai 400 050 43. Nucleus The Chief Executive Pre-paid Payment 22.03.2017 Software Officer, Nucleus Instruments (Valid upto Exports Limited Software Exports known as ‘PaySe’ 31.03.2019) Limited, 33-35, Thyagraj Market, New Delhi – 110 003 44. Obopay Mobile The Chief Executive Pre-paid Payment 17.10.2017 Technology Officer, Obopay Instruments (Valid up to India Private Mobile Technology 31.12.2022) Limited India Private Limited, #150, Diamond District, 6th Floor, Tower C, HAL Old Airport Road, Kodihalli, Bangalore – 560 008 45. One Mobikwik The Chief Executive Pre-paid Payment 18.07.2013 Systems Private Officer, Instruments (Valid upto Limited One Mobikwik known as 30.09.2019) Systems Pvt. ‘Mobikwik Limited, Wallet’ Second Floor (Left Wing towards IILM), Office Space No. 1, Orchid Centre, Sector-53, Gurgaon-122 001 Haryana 46. Oxigen Services The Chief Executive Pre-paid Payment 18.01.2010 (India) Pvt. Ltd. Officer, Oxigen Instruments (Valid upto Services (India) Pvt known as ‘Oxigen 31.12.2018) Ltd. Building No 94, Wallets’ Sector 32, Institutional Area, Gurugram, Haryana - 122001 47. Paul Fincap Pvt. The Chief Executive Pre-paid Payment 04.06.2015 Ltd. Officer, Instruments (Valid upto Paul Fincap Pvt. known as ‘Paul 30.06.2020) Ltd., Pay’ SCO 829-830, Sector 22-A, Chandigarh 160 022 48. PayU Payments The Chief Executive Pre-paid Payment 25.07.2016 Private Limited Officer, Instruments (Valid upto 32, Viraj Building, 30.09.2021) SV Road, above HDFC Bank, Khar West, Mumbai, Mumbai City, Maharashtra, India, 400052 49. Pay Point India The Chief Executive Pre-paid Payment 03.04.2012 Network Private Officer, Instruments (Valid upto Limited Pay Point India known as 'Pay 30.06.2019) Network Private Pointz' Limited, 108-109, B-Wing, Everest Grande, Opp. Ahura Centre, Mahakali Road, Andheri (East), Mumbai 400093 50. Pine Labs The Chief Executive Pre-paid Payment 10.03.2017 Private Limited Officer, Unitech Instruments (Valid upto Infospace, 2nd and 31.03.2022) 3rd Floor, Building – 2, Plot No. B2, Sector – 62, Noida – 201301 51. Premium The Chief Executive Pre-paid Payment 18.12.2014 eBusiness Officer, Instruments (Valid upto Ventures Private Premium eBusiness 31.12.2019) Limited Ventures Private Limited, 42, Navketan Industrial Estate, Mahakali Caves Road, Andheri (East) Mumbai 400 093 52. Phonepe Private The Chief Executive Pre-paid Payment 25.08.2014 Limited Officer, Instruments (Valid upto (formerly named Phonepe Private known as 31.08.2019) as FX Mart Pvt. Limited, A 41, ‘PhonePe’ Ltd) Mohan Cooperative Industrial Area, 2nd Floor, Main Mathura Road, South Delhi, New Delhi – 110 044 India 53. Pyro Networks The Chief Executive Pre-paid Payment 30.01.2014 Pvt. Ltd. Officer, Instruments m- (Valid upto Pyro wallet known as 31.03.2019) Telecommunications ‘SpeedPay’ Ltd., 8-2-293/82, Plot No. 264/A-31, Road # 92, Jubilee Hills, Hyderabad- 500033, Andhra Pradesh 54. QwikCilver The Chief Executive Pre-paid Payment 06.08.2013 Solutions Pvt. Officer, Instruments, Co- (Valid upto Ltd. QwikCilver branded gift card 30.09.2020) Solutions Pvt. Ltd., known as ‘Issued #104, 1st Main, by QwikCilver’ Vijay Jatti Building, 3rd Floor, 5th Block, Kormangla Industrial Estate,;Bangalore 560095. 55. Smart Payment The Chief Executive Pre-paid Payment 30.06.2010 Solutions Pvt. Officer, Instruments (Valid upto Ltd. Smart Payment known as 31.12.2018) Solutions Pvt. Ltd. ‘PayCash’ 6/35, WEA Karol Bagh, New Delhi 110 005. 56. Sodexo SVC The Chief Executive Paper based 25.08.2009 India Pvt. Ltd Officer, vouchers known as Sodexo SVC India Meal, Catering, Pvt. Ltd., Gift Gold, Gift Nesco Complex, Exclusive and Gift Gate No. 3, Advantage. Indabrator Building, Electronic based Western Express vouchers, gift Highway Goregaon passes known as (East); Meal Card, Mumbai 400063. Premium E Gift Exclusive E gift and Say Rewards 57. Spice Digital The Chief Executive Pre-paid Payment 09.04.2015 Ltd Officer, Instruments (Valid up to Spice Digital Ltd., 30.06.2020) 19A & 19B, 4th Floor, Global Knowledge Park, Sector 125, Noida – 201301 58. Supreme The Chief Executive Pre-paid Payment 20.09.2016 Securities Officer, Instruments (Valid up to Limited Supreme Securities 30.09.2021) Limited, 3rd Floor, R.D.Chambers, 16/11, Arya Samaj Road, Karol Bagh, New Delhi 59. Transaction The Chief Executive Pre-paid Payment 07.03.2014 Analysts (India) Officer, Instruments (Valid upto Private Ltd. Transaction known as 31.03.2019) Analysts (India) ‘Transaction Private Limited, Assured’ D No 4, Sathyam Arcade, 1st Floor, 1st Phase, 100 Feet Road, BTM Layout 2nd Stage, Bangalore 560 076 60. Transcorp The Chief Executive Pre-paid Payment 26.08.2016 International Officer, Instruments (Valid upto Limited Transcorp 30.09.2021) International Limited, Plot No 3, HAF Pocket, Sector 18A, Phase II, Dwarka, New Delhi. 61. TranServ Private The Chief Executive Pre-paid Payment 22.02.2016 Limited officer, Instruments (Valid upto TranServ Private known as ‘UDIO’ 31.03.2021) Limited, High Tech Plaza, Office No 2 Ground Floor, Off Mahakali Caves Road, Opp. Shanti Nagar Bus Stop, Andheri (East) Mumbai – 400 093 62. Tri O Tech The Chief Executive Pre-paid Payment 18.01.2017 Solutions Officer, Tri O Tech Instruments (Valid upto Private Ltd. Solutions Private 31.03.2022) Limited, Plot No D- 50, 1st and 2nd Floor, Udyog Vihar, Phase V, Gurgaon - 122016 63. UAE Exchange The Country Head- Pre-paid Payment 29.10.2009 & Financial India, Instruments m- (Valid upto Services Ltd. UAE Exchange & wallet known as 31.10.2020) Financial Services ‘X-Pay’ Ltd., Third Floor, Airline Building Opp. Maharaja college Ground, M G Road, Kochi 682 011. 64. RapiPay Fintech The Chief Executive Pre-paid Payment 27.02.2017 Private Limited Officer, RapiPay Instruments (Valid upto (formerly Fintech Pvt. Ltd. 31.03.2022) Virgosoft IT B1/D1 Ground Services Private Floor, Mohan Limited) Cooperative Industrial Estate, Mathura Road, New Delhi – 110 044 65. Vodafone m- The Chief Executive Pre-paid Payment 07.11.2014 pesa Limited Officer, Instruments (Valid upto (Earlier Mobile Vodafone m-pesa known as 31.12.2018) Commerce Limited, ‘Vodafone M- Solutions Ltd. Peninsula Corporate pesa’ was performing Park, this activity) Ganpatrao Kadam Marg, tech Lower Parel, Mumbai - 400 013 66. Weizmann The Chief Executive Pre-paid Payment 11.12.2015 Impex Service Officer, Instruments (Valid upto Enterprise Weizmann Impex 31.12.2020) Limited Service Enterprise Ltd. 214, Empire House (Basement) Dr D N Road, Ent A K Nayak Marg, Fort, Mumbai – 400 001 67. Y-Cash The Chief Executive Pre-paid Payment 15.03.2012 Software Officer, Instruments m- (Valid upto Solutions Y-Cash Software wallet known as 31.03.2019) Private Limited Solutions Private ‘Y-Pay Cash’ Limited, VGR Essor, 3rd Floor, No 1140, 17th Cross, 7th Sector, H.S.R. Layout, Bangalore 560 102 Karnataka 68. ZipCash Card The Director, Pre-paid Payment 29.10.2009 Services Pvt. ZipCash Card Instruments (Valid upto Ltd. Services Pvt. Ltd., known as 'ZipCash 31.10.2023) 323, Coupons' Corporate Centre, Nirmal Lifestyle, LBS Marg, Mulund (West) Mumbai 400 080 White Label ATM Operators 69. AGS Transact The Chairman & Installation and 30.06.2014 Technologies Managing Director operation of (Valid upto Ltd. 601-602, B-wing, WLAs 30.06.2019) Trade World Kamala City, Senapati Bapat Marg Lower Parel (W) Mumbai 400 013 70. BTI Payments The Chief Executive Installation and 12.02.2014 Pvt. Ltd. Officer, operation of (Valid upto BTI Payments Pvt. WLAs 31.03.2019) Ltd. No 16/1, 4th Floor, Wings Cambridge Road, Halasaru, Bangalore-560 008 71. Hitachi Payment The Managing Installation and 25.11.2013 Services Pvt. Director, operation of (Valid upto Ltd. Hitachi Payment WLAs known as 31.12.2018) Services Pvt. Ltd., ‘Money Spot’ 3rd Floor, Silver Metropolis, Jai Coach Compound, Western Express Highway, Goregaon East, Mumbai 400 063. 72. Muthoot The Managing Installation and 30.01.2014 Finance Ltd. Director, operation of (Valid upto Muthoot Finance WLAs 31.03.2019) Ltd. 2nd Floor, Muthoot Chambers, Banerji Road, Kochi-682018, Kerala 73. RiddiSiddhi The Chief Executive Installation and 15.05.2014 Bullions Limited Officer, operation of (Valid upto RiddiSiddhi WLAs 31.05.2019) Bullions Limited - Bullion House, 115, TambaKatta, Opp. Dagina Bazar, Pydhonie, Mumbai- 400003 74. SREI The Chief Executive Installation and 25.03.2014 Infrastructure Officer, operation of (Valid upto Finance Ltd., SREI Infrastructure WLAs 31.03.2019) Finance Ltd., Vishwakarma, 86C Topsia Road (South) Kolkata- 700046 75. Tata The Chief Executive Installation and 03.05.2013 Communications Officer; operation of (Valid upto Payment Tata WLAs 30.06.2020) Solutions Ltd. Communications Payment Solutions Limited; Plot No. C- 21, B Block, Bandra Complex, Bandra East, Mumbai- 400098. 76. Vakrangee The Managing Installation and 23.01.2014 Limited Director, Vakrangee operation of (Valid upto Limited, WLAs 31.03.2019) Vakrangee House, Plot No 93, Road No. 16, M.I.D.C Marol, Andheri (East) Mumbai-400 093 Instant Money Transfer 77. Empays The Chief Executive Instant Money 17.11.2014 Payment Officer Transfer known as (Valid upto Systems India Empays Payment ‘IMT’ 16.11.2019) Pvt. Ltd. Systems India Pvt. Limited 216 The Empire Business Centre, Empire Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 Trade Receivables Discounting System (TReDS) 78. Mynd Solutions The Director TReDS system 20.03.2017 Private Limited Mynd Solutions known as Mynd (valid upto Private Limited Online National 31.03.2022) 296, Udyog Vihar, Exchange Phase – IV, Gurgaon, Haryana PIN - 122001 79. Receivables The Managing TReDS system 17.05.2017 Exchange of Director & Chief known as RXIL (valid upto India Limited Executive Officer 30.06.2022) (RXIL) Receivables Exchange of India Note: The Limited (RXIL) entity was Exchange Plaza, granted Plot C1, G Block, approval to Bandra Kurla commence Complex, Bandra operations w.e.f East, Mumbai - 01.12.2016 400051 80. A.TREDS The Managing TReDS system 29.06.2017 Limited Director and Chief known as ” (Valid up to Executive Officer, INVOICEMART” 30.06.2022) 11th Floor, A3, Ashar IT Park, Road No 16Z, Wagle Industrial Estate, Thane(W)- 400 604 Bharat Bill Payment System (BBPS) Bharat Bill Payment Central Unit (BBPCU) National The Chief Executive Bharat Bill 26.07.2017 Payments Officer, Payment Central (Valid up to Corporation of National Payments Unit (BBPCU) 30.09.2022) India Corporation of through a separate India, Strategic Business 1001A, B wing, Unit to operate 10th Floor, Bharat Bill The Capital, Bandra Payment System – Kurla Complex, (BBPS) Bandra (East), Mumbai–400 051. Bharat Bill Payment Operating Units (BBPOUs) 81. Avenues India The Chief Executive Bharat Bill 17.10.2017 Private Limited Officer Payment (Valid up to Avenues India Operating Unit 31.12.2022 ) Private Limited (BBPOU) in the Plaza Asiad, Level II Bharat Bill S. V. Road, Payment System Santacruz (West) Mumbai – 400 054 (BBPS)
CSC e – The Chief Executive Bharat Bill 21.09.2017 82. Governance Officer Payment (Valid up to Services India CSC e – Operating Unit 30.09.2022) Ltd Governance (BBPOU) in the Services India Ltd Bharat Bill Electronics Niketan, Payment System 4th Floor, (BBPS) Ministry of Electronics & Information Technology 6 CGO Complex, Lodhi Road New Delhi - 110003 Euronet Services The Chief Executive Bharat Bill 05.09.2017 India Private Officer Payment (Valid up to Limited Euronet Services Operating Unit 30.09.2022) India Private (BBPOU) in the Limited Bharat Bill I-Think Techno Payment System Campus, Office No (BBPS) 1 8th Floor, Wing A, Off Pokhran Road No. 2 Behind TCS, Eastern Express Highway Thane (W) - 400607 IndiaIdeas.com The Chief Executive Bharat Bill 02.08.2017 83. Limited Officer Payment (Valid up to IndiaIdeas.com Operating Unit 30.09.2022) Limited (BBPOU) in the 801, Supreme Bharat Bill Chambers Payment System 17/18 Shah (BBPS) Industrial Estate Off Veera Desai Road Andheri (W), Mumbai 400 053
Itz Cash Card The Chairman Bharat Bill 28.08.2017 Limited Itz Cash Card Payment (Valid up to Limited Operating Unit 30.09.2022) Top 14th Floor, (BBPOU) in the Times Tower, Bharat Bill Kamala City, Payment System Senapati Bapat (BBPS) Marg Lower Parel Mumbai – 400013 Oxigen Services The Chief Executive Bharat Bill 12.10.2017 (India) Pvt Ltd Officer, Oxigen Payment (Valid up to Services (India) Pvt Operating Unit 31.12.2022) Ltd. Building No 94, (BBPOU) in the Sector 32, Bharat Bill Institutional Area, Payment System Gurugram, Haryana (BBPS) - 122001 Spice Digital The Chief Executive Bharat Bill 22.08.2017 Limited Officer Payment (Valid up to Spice Digital Operating Unit 30.09.2022) Limited (BBPOU) in the S Global Bharat Bill Knowledge Park, Payment System 19A & 19B, 4th (BBPS) Floor Sector 125, Noida-201301
84. TechProcess The Chief Executive Bharat Bill 16.08.2017 Payment Officer, Payment (Valid up to Services Limited TechProcess Operating Unit 30.09.2022) Payment Services (BBPOU) in the Limited, 501, Bharat Bill Jollyboard Towers, Payment System iThink Techno (BBPS) Campus, Kanjurmarg (East) Mumbai 400042 B. Certificates of Authorisation Revoked by the Reserve Bank of India in exercise of the powers conferred under the Payment and Settlement Systems Act, 2007
Sr. Name of the Address of the Payment System Dates of No. Entity Principal Office operated Revocation (Date of Authorisation given in brackets) 1. Kaizen The Director, Issuance of pre- Revocation Automation Kaizen Automation paid cards known order issued on Private Limited Private Limited, as 'Go-Mumbai' 05.04.2011 B-601-602, Citi (25.08.2009) Point, Andheri Kurla Road, J. B. Nagar, Near Kohi- noor Continental Andheri (East), Mumbai - 400 059
C. Authorised entities whose Payment System operations have ceased
Sr. Name of the Address of the Payment System Operations No. Entity Principal Office operated ceased from 1. Coinstar Money The Chief Executive Money Transfer May 01, Transfer Officer, Service – cross 2011 (Ireland) Coinstar Money border in-bound Limited, Ireland Transfer (Ireland) service (customer to Limited, Suite 404, customer) 22/23, Pembroke Street Dublin 2, Republic of Ireland. 2. Done Card The Director, Done Pre-paid payment November Utility Limited Card Utility instruments known 01, 2013 Limited, as 'Done Cards' 301, Linkway Estate, Near Chincholi Fire Station, New Link Road, Malad (West), Mumbai - 400064. 3. OSS Payment The Chief Executive Pre-paid payment January 01, Solutions Pvt. Officer, instruments 2014 Ltd. OSS Payment Solutions Pvt. Ltd.- 103, 4th Floor, Aditya Industrial Estate, Behind Chincholi Fire Station, Near Evershine Mall, New Link Road, Malad (W) Mumbai 400 064.
D. Entities whose Certificate of Authorisation to operate a Payment System have been cancelled on account of voluntary surrender by the entity
Sr. Name of the Address of the Payment Cancelle Remarks No Entity Principal Office System d on . operated 1. Federal Bank Ltd. Managing Director ATM sharing January Nil & CEO, Federal with co- 02, 2017 Bank Ltd. operative Corporate Office banks Federal Towers licensed by Post Box No. 103 Reserve Aluva – 68310, Bank under Kerala the BR Act, 1949 (AACS) 2. UTI Infrastructure The Chief Pre-paid February Nil Technology and Executive Officer, Payment 07, 2017 Services Ltd. UTI Tower, Plot Instruments No. 3, Sector 11, known as CBD Belapur, National Navi Mumbai-400 Common 614 Mobility Card (NCMC) 3. Citrus Payment The Chief Pre-paid April 19, Nil Solutions Pvt. Ltd. Executive Officer, Payment 2017 Citrus Payment Instruments solutions Pvt. Ltd., known as 302, ‘Citrus Cash’ Swati Building, North Avenue Road, Off Linking Road, Santa Cruz West, Mumbai 400 054 4. Beam Money The Chairman & Pre-paid May 04, Customers Private Limited Managing payment 2017 or nee Suvidha Director, instruments merchants Starnet Pvt. Ltd. Beam Money known as having a Private Limited, ‘Beam valid claim, D-128-129, 402 Money’ if any, on Terrace Floor, M/s Beam Okhla Industrial Money Area, Phase-I, Private New Delhi -110 Limited, as 020. a PSO, can approach the company for settlement of their respective claims within two years from the date of this cancellation i.e.upto 03.05.2019 5. Atom The Chief Pre-paid July 4, Customers Technologies Executive Officer; payment 2017 or Limited Atom instruments merchants Technologies known as having a Limited, 4th Floor ‘Atom valid claim, FT Towers, Wallet’ and if any, on CTS 256 & 257, ‘Aquapay’ M/s Atom Suren Road, Technologie Chakala, Andheri s Limited, (E), Mumbai - as a PSO, 400093. can approach the company for settlement of their respective claims within two years from the date of this cancellation i.e.upto 03.07.2019 6. Buyindiaonline.co The Chief MTSS - cross July 31, Nil m Inc., USA Executive Officer, border in- 2017 Buyindiaonline.co bound m Inc.,425, service Market Street, (customer to 12th floor, San customer) Francisco, CA, 94105, USA. 7. PayMate India The Managing Pre-paid August Nil Pvt. Limited Director and CEO payment 23, 2017 PayMate India instruments Pvt. Limited, known as 111, 1st Floor, A- ‘Paymate Wing, Sundervilla, Wallet’ SV Road, Santacruz (W), Mumbai 400 054 8. Bajaj Finance The Chief Pre-paid February Nil Limited Executive Officer, Payment 20, 2018 Bajaj Finance Instruments Limited, 4th Floor, Bajaj Finserv Corporate Office, Off. Pune- Ahmednagar Road, Viman Nagar, Pune – 411014 9. Freecharge The Chief Pre-paid April 10, Nil Payment Executive Officer, Payment 2018 Technologies Freecharge Instruments Private limited Payment (previously Technologies Klickpay Payment Private Limited, Services Private 362-363, ASF Limited) Centre, Udyog Vihar Phase – IV, Sector - 18, Gurgaon – 122016, Haryana 10. Yeldi Softcom The Chief Pre-paid May 15, Nil Private Limited Executive Officer, Payment 2018 Yeldi Softcom Instruments Private Limited, AJ-227 (Old No AJ-08), Shanthi Colony Main Road, Anna Nagar, Chennai - 600040 11. The Shamrao The Chief SVC Cache April 10, Nil Vithal Co- Executive Officer; 24 Insta 2018 operative Bank The Shamrao ATM Ltd. Vithal Co- Sharing operative Bank Arrangement Ltd.; SVC Tower, Jawaharlal Nehru Road Vakola– Santacruz (East), Mumbai – 400 055. 12. Tech Mahindra The Chief Pre-paid August Customers Limited Executive Officer, Payment 28, 2018 or (Earlier CanvasM Tech Mahindra Instruments merchants Technologies Ltd. Limited, A- 20, (m-wallet) having a was performing Sector 60, Noida known as valid claim, this activity) 201 301 ‘MoboMone if any, on y’ M/s Tech Mahindra Limited , as a PSO, can approach the company for settlement of their respective claims within two years from the date of this cancellation i.e. upto 27.08.2020 13. MMP Mobi The Chief Pre-paid Novembe Customers Wallet Payment Executive Officer, Payment r 14, or Systems Limited MMP Mobi Instruments 2018 merchants Wallet Payment known as having a Systems Ltd.; ‘mRupee’ valid claim, A, E & F Blocks if any, on Voltas Premises, M/s MMP T B Kadam Marg, Mobi Chinchpokli, Wallet Mumbai 400 033 Payment Systems Limited , as a PSO, can approach the company for settlement of their respective claims within two years from the date of this cancellation i.e. upto 13.11.2020
E. Entities whose Certificate of Authorisation to operate a Payment System have been cancelled as per regulatory requirement
Sr. Name of the Address of the Payment Cancelled Remarks No. Entity Principal Office System on operated 1. Airtel M The Chief Pre-paid 8.3.2017 The entity Commerce Executive payment has Services Ltd. Officer; instruments converted to Airtel M known as Airtel Commerce Stored Value Payments Services Ltd. Card Wallet Bank Airtel Center, (SCW) Limited Plot No. 16, 6th ‘Airtel (APBL) Floor, Money’ which has Udyog Vihar, been Phase -4, permitted to Gurgaon continue the Haryana – PPI 122001. business. 2. One97 The Chief Mobile 25.07.2017 The entity Communications Executive based Pre- has Ltd. Officer, paid transferred One97 Payment its PPI Communications Instruments business Ltd., m- Wallet (Paytm B- 121, Sector 5, known as wallet) to Noida, 201 301 ‘Paytm Paytm Uttar Pradesh wallet’ Payments Bank Limited (PPBL) as permitted by RBI. 3. Fino Paytech Ltd. The Chief Pre-paid 06.10.2017 The entity (Earlier Alpha Executive Payment has Payment Services Officer, Instruments transferred India Pvt. FINO Paytech its PPI Ltd.(erstwhile Ltd., Shree business to Nokia Mobile Sawan the FINO Payment Services Knowledge Payments India Pvt. Ltd.) Park, Bank Ltd as was performing 2nd Floor, D permitted by this activity) 507 TTC Indl. RBI. Area MIDC Turbhe, Navi Mumbai 4. Idea Mobile The Chief Pre-paid 13.05.2018 The entity Commerce Executive Payment has Services Ltd. officer, Instruments transferred Idea Mobile known as its PPI Commerce ‘Idea business to Services Ltd., Money’ the Aditya 5th Floor, Birla Idea “Windsor”, Off Payments C.S.T. Road, Bank Ltd as Kalina, permitted by Santacruz (East), RBI. Mumbai 400 098 5. Reliance Payment The Chief Pre-paid 31.05.2018 The entity Solution Limited Executive Payment has Officer, Instruments transferred Reliance known as its PPI Payment ‘Jio Money’ business to Solution the Jio Limited, Payments 5th Floor, Court Bank Ltd as House, permitted by Lokmanya Tilak RBI. Marg, Dhobi Talao, Mumbai 400 002
F. Entities whose Certificate of Authorisation to operate a Payment System is under process of cancellation as per regulatory requirement/Voluntary Surrender
Sr. Name of the Address of the Principal Payment System Remarks No. Entity Office operated
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