Press Releases

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Date : May 17, 2022
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 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.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2022-2023/224


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