Date : March 29, 2019

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 Entity Principal Office Authorised Authorisation
& Validity
Period
(given in
brackets)
Financial Market Infrastructure
1. The Clearing The Managing i. Securities segment
Corporation of India Director, covering Govt 11.02.2009
Ltd. Clearing Corp. of Securities;
India, ii. Forex Settlement
5th, 6th & 7th floor Segment comprising
Trade World, of sub-segments -do-
“C” Wing Kamala a. USD-INR
city, SB Marg, segment,
Lower Parel (West) b. CLS segment –
Mumbai 400 013 Continuous Linked -do-
Settlement
(Settlement of Cross
Currency Deals), -do-
c. Forex Forward
segment;
iii. Rupee
Derivatives -do-
Segment-Rupee
denominated trades
in IRS & FRA.
Retail Payments Organisation
2. National Payments The Chief i. National Financial
Corporation of India Executive Officer, Switch (NFS)
National Payments ii. Immediate 15.10.2009
Corporation of Payment System
India, (IMPS) 12.10.2010
1001A, B wing, iii. Affiliation of
10th Floor, RuPay Cards (debit
The Capital, Bandra cards/ prepaid
– Kurla Complex, cards) issued by
Bandra (East), banks and co-
Mumbai–400 051. branded credit cards
issued by non-
banking financial
companies (NBFCs) 12.07.2012
or any other entity
approved by the
RBI. 23.05.2013
iv. National
Automatic Clearing
House (ACH) 11.01.2011
v. Aadhar Enabled
Payments System
(AEPS) 21.09.2011
vi. Operation of
Cheque Truncation 24.08.2016
System
vii. Unified 11.02.2019
Payments Interface
viii. National
Electronic Toll
Collection (NETC)
Cards Payment Networks
3. American Express The Chief Affiliation of credit 31.03.2009
Banking Corp., USA Executive Officer, cards/debit
American Express cards/prepaid cards
Banking Corp., issued by banks and
200 Vesey Street co-branded credit
MC 01-39-12 New cards issued by non-
York, banking financial
NY USA 10285. companies (NBFCs)
or any other entity
approved by the
Reserve Bank of
India.
4. Diners Club The Chief Affiliation of credit 30.06.2010
International Ltd., Executive Officer, card issued by banks
USA Diners Club or any other entity
International Ltd. approved by the
2500, Reserve Bank of
Lake Cook Road India.
River woods,
Illinois (IL) –
60015, U S A.
5. MasterCard Asia/ The Chief Affiliation of credit 01.12.2014
Pacific Pte. Ltd., Executive Officer, cards/ debit cards/
Singapore (Earlier Mastercard Asia/ prepaid cards issued
MasterCard Pacific Pte. Ltd, by banks and co-
International 3 Fraser Street, branded credit cards
Incorporated, USA DUO Tower, #17- issued by non-
was performing this 21/28, banking financial
activity) Singapore 189352 companies (NBFCs)
or any other entity
approved by the
Reserve Bank of
India.
National Payments The Chief Affiliation of RuPay 12.07.2012
Corporation of India Executive Officer, Cards (debit cards/
National Payments prepaid cards)
Corporation of issued by banks and
India, co-branded credit
1001A, B wing, cards issued by non-
10th Floor, banking financial
The Capital, companies (NBFCs)
Bandra-Kurla or any other entity
Complex, approved by the
Bandra (East) RBI.
Mumbai–400 051.
6. Visa Worldwide Pte. The President Visa
Affiliation of credit 01.04.2010
Limited, Singapore Worldwide Pte. cards/ debit cards/
(Earlier Visa Limited, prepaid cards issued
International Service 71, Robinson Road,
by banks and co-
Association, USA #08-01, Singapore
branded credit cards
was performing this (068895). issued by non-
activity) banking financial
companies (NBFCs)
or any other entity
approved by the
RBI.
Cross border Money Transfer – in-bound only
7. Bahrain Financing The Director Money Transfer 30.09.2009
Company, BSC (C) Bahrain Financing Service (MTSS)–
Company, cross border in-
BSC (c), Bab AL bound service
Bahrain Building, (customer to
Bab AL Bahrain customer) known as
Avenue, “EzRemit”
Government Road,
P.O Box 243
Manama, Bahrain
8. Continental The Chief MTSS- cross border 28.04.2014
Exchange Solutions Executive Officer, in-bound service (Valid upto
Inc, USA 6565, Knott (customer to 27.04.2019)
Avenue, Buena customer) known as
Park, “Ria Money
California, 90620- Transfer”
USA
9. Fast Encash Money The Chief MTSS- cross border 03.04.2017
Transfer Services Executive Officer, in-bound service (Valid upto
Ltd. 144, High Street (customer to 31.03.2020)
North, London E6 customer)
2HT
10. Transfast Inc., The President, MTSS- cross border 30.09.2009
Canada (formerly Transfast Inc. in-bound service (Valid upto
3660 Midland (customer to 30.09.2023)
Global Foreign
Avenue, Suite 333 customer) known as
Exchange Inc.)
Toronto, Ontario “Transfast”
M1V 0B8
Canada
11. MoneyGram The President & MTSS- cross border 25.05.2009
Payment Systems Chief Executive in-bound service (Valid upto
Inc, USA. Officer, (customer to 31.05.2019)
1550 Utica Avenue customer) known as
South, Minneapolis, “MoneyGram or
Minnesota 55416, MoneyGram
U.S.A. International”
12. Muthoot Finserve The President, MTSS- cross border 30.09.2009
USA Inc. {formerly Muthoot Finserve in-bound service (Valid upto
Royal Exchange USA Inc. (customer to 30.06.2019)
(USA) Inc.} 1155, Green Street customer)
Iselin, NJ 08830
U.S.A.
13. UAE Exchange The Managing MTSS- cross border 30.09.2009
Centre LLC, UAE Director & CEO, in-bound service
UAE Exchange (customer to
Centre LLC, P.O customer) known as
No. 13304, “Xpress Money”
Building of Nassar
Bin Abdul Latiff
Naïf Street Deira,
Dubai, U A E
14. Wall Street The Group MTSS- cross border 30.09.2009
Exchange Centre Managing Director, in-bound service
LLC, UAE Wall Street (customer to
Exchange Centre customer) known as
LLC, “Instant Cash”
Central Office
Building, AI
Sabhkha,
Naif Road P.O Box
3014, Deira, Dubai
UAE.
15. Western Union The Chief MTSS- cross border 31.03.2009
Financial Services Executive Officer, in-bound service
Incorporated, USA Western Union (customer to
Financial Services customer) known as
Inc, USA, “Western Union or
Western Union WU”
Financial Services
Incorporated,
 12500, East Belford
Avenue,
MSM23B7,
Englewood,
Colorado–80112, U
SA
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 – ATM 25.05.2009
India Private Limited Director, Network
Euronet Services
India Private
Limited,
2nd Floor, Marwah
House,
Krishanlal Marwah
Marg,
Andheri (E)
Mumbai – 400 072.
National Payments The Chief National Financial 15.10.2009
Corporation of India Executive Officer, Switch (NFS)
National Payments
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 arrangement
Punjab National with Everest Bank
Bank, 7, of Nepal
Bhikaji Cama Place
New Delhi 110049.
19. State Bank of India The Chairman State i. State Bank Group 12.08.2009
Bank of India Payment
Corporate Centre, ii. State Bank Group
Madam Cama Road ATM network
Mumbai 400 021. iii. Agency Clearing
System for State
Bank Group
Pre-paid Payment Instruments
20. Aircel Smart Money The Chief Pre-paid Payment 04.06.2015
 Limited Executive Officer, Instruments (Valid upto
Aircel Smart 30.06.2020)
Money Limited,
2nd and 5th Floor,
Building No 10 A,
DLF Cybercity,
DLF Phase 2,
Gurgaon, Haryana
21. Amazon Pay (India) The Chief Pre-paid Payment 22.03.2017
Private Limited Executive Officer, Instruments known (Valid upto
(formerly Amazon Amazon Pay (India) as “Amazon Pay 31.03.2022)
Online Distribution Private Limited balance: Money”
Services Private , #26/1, Brigade
Limited) Gateway, World
Trade Centre, 8th
floor, Dr. Rajkumar
Road, Malleswaram
(West), Bangalore –
560 055
22. Appnit Technologies The Chief Pre-paid Payment 22.03.2017
Private Limited Executive Officer, Instruments (Valid Upto
Appnit 31.03.2022)
Technologies
Private Limited,
403, 4th Floor,
Tower A, Logix
Technova Centre,
Sector 32, Noida,
Uttar Pradesh – 201
301
23. Balancehero India The Chief Pre-paid Payment 18.07.17
Private Limited Executive Officer, Instruments (Valid upto
Balancehero India 30.09.2019)
Private Limited,
Office No – 121,
2nd Floor, Sector 44,
Gurugram, Haryana
- 122003
24. Card Pro Solutions The Chief Pre-paid Payment 04.06.2015
Pvt. Ltd. Executive Officer, Instruments (Valid upto
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 Pre-paid Payment 27.08.2015
Multi- Modal Transit Executive Officer, Instruments (Valid upto
System Limited Delhi Integrated 30.09.2020)
Multi-Modal
Transit System
Limited,
 1st floor, Maharana
Pratap ISBT
Building,
Kashmere Gate,
Delhi – 110 006
26. Delhi Metro Rail The Chief Pre-paid Payment 20.02.2017
Corporation Limited Executive Officer, Instruments for (Valid upto
Delhi Metro Rail Mass Transit 31.03.2022)
Corporation Systems
Limited, Metro
Bhawan, Fire
Brigade Lane,
Barakhamba Road,
New Delhi -
110001
27. DigitSecure India The Chief Pre-paid Payment 23.07.2012
Private Limited Executive Officer, Instruments e-wallet (Valid upto
DigitSecure India known as 30.09.2020)
Private 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 paper 29.10.2009
Private Limited – Director & Chief vouchers, meal and (Valid upto
nee Accor Services Executive Officer, cafeteria cards, gift 30.04.2020)
Pvt. Ltd. Edenred (India) cards. The products
Private Ltd; are mainly under the
Camera House, brand name
Majiwade Village ‘Ticket/Ticket
Road Majiwade, Restaurant/Ticket
Thane (W) 400 601. Compliments’
29. Eko India Financial The Chief Pre-paid Payment 25.03.2015
Services Private Executive Officer, Instruments (Valid upto
Limited Eko India Financial 31.03.2020)
Services Pvt. Ltd.,
3rd Floor, Phase II,
Plot No 34,
Institutional Area,
Sector 44 Gurgaon
122 003.
30. E-Meditek Global The Chief Pre-paid Payment 07.10.2016
Private Limited Executive Officer, Instruments (Valid upto
E-Meditek Global 31.12.2021)
Private Limited,
Plot No. 577,
Udyog Vihar, Phase
–V, Gurgaon,
Haryana - 122016
31. Flytech Aviation The Chief Pre-paid Payment 28.04.2017
 Limited Executive 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 Pre-paid Payment 22.08.2016
Limited Executive 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 Mobile The Chief Pre-paid Payment 06.04.2018
Wallet Services Executive Officer, Instruments (Valid upto
Private Limited InCashMe Mobile 30.06.2020)
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 Pre-paid Payment 30.05.2014
Services Limited. Executive Officer, Instruments known (Valid upto
India Transact 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. Ebix Payment The Chief Pre-paid Payment 25.08.2009
Services Private Executive Officer, Instruments known (Valid upto
Limited, Ebix Payment as ‘EBIXCASH’ 30.11.2020)
(formerly Itz Cash Services Private
Limited
Card Private
2nd Floor, Manek
Limited)
Plaza, Kalina CST
Road, Kolekalyan,
Santacruz (East),
Mumbai – 400 098
37. Kedia Infotech Ltd. The Chief Pre-paid Payment 29.07.2015
Executive Officer Instruments known (Valid upto
Kedia Infotech Ltd. as ‘Etran Wallet’ 30.09.2020)
518, 5th Floor
Swapnalok
Complex
S D Road
Secunderabad 500
003
38. LivQuik Technology The Chief Pre-paid Payment 08.08.2016
(India) Private Executive Officer, Instruments (Valid upto
Limited LivQuik 30.09.2021)
Technology (India)
Private Limited,
709, Maker
Chambers V,
Nariman Point,
Mumbai – 400 021
39. Manappuram The Chief Pre-paid Payment 08.02.2017
Finance Limited Executive Officer, Instruments (Valid upto
Manappuram 31.03.2022)
Finance Limited,
Manappuram
House, P.O.
Valappad, Thrissur,
Kerala - 680 567
40. Mpurse Services Pvt. The Chief Pre-paid Payment 30.06.2014
Ltd. Executive Officer, Instruments known (Valid upto
Knowledge as ‘mpurse wallet’ 30.06.2019)
Boulevard,
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 Ltd. Director, Instruments e-wallet (Valid upto
Muthoot Vehicle & known as ‘Muthoot 31.12.2021)
Asset Finance Ltd. Money’ and m-
1st Floor, Cochin wallet known as
 Dental Clinic Bldg. ‘Muthoot wallet’
Market Road,
Towards Kombara,
Kochi 682 014
42. My Mobile The Chief Pre-paid Payment 24.10.2011
Payments Limited Executive Officer, Instruments known (Valid upto
My Mobile as ‘MOM’ 31.10.2019)
Payments Limited,
MOM House, Plot
No. 61,
Ramchandra Lane,
Kanchpada, Malad
(West), Mumbai
400064
Maharashtra
43. Nucleus Software The Chief Pre-paid Payment 22.03.2017
Exports Limited Executive Officer, Instruments known (Valid upto
Nucleus Software as ‘PaySe’ 31.03.2022)
Exports Limited,
33-35, Thyagraj
Market, New Delhi
– 110 003
44. Obopay Mobile The Chief Pre-paid Payment 17.10.2017
Technology India Executive Officer, Instruments (Valid up to
Private Limited Obopay Mobile 31.12.2022)
Technology India
Private Limited,
#150, Diamond
District, 6th Floor,
Tower C, HAL Old
Airport Road,
Kodihalli,
Bangalore – 560
008
45. One Mobikwik The Chief Pre-paid Payment 18.07.2013
Systems Private Executive Officer, Instruments known (Valid upto
Limited One Mobikwik as ‘Mobikwik 30.09.2019)
Systems Private Wallet’
Limited, 6th Floor,
Good Earth
Business Bay,
Sector 58,
Gurugram 122011,
Haryana
46. Oxigen Services The Chief Pre-paid Payment 18.01.2010
(India) Pvt. Ltd. Executive Officer, Instruments known (Valid upto
Oxigen Services as ‘Oxigen Wallets’ 31.12.2019)
(India) Pvt Ltd.
Building No 94,
Sector 32,
Institutional Area,
Gurugram, Haryana
- 122001
47. Paul Merchants The Chief Pre-paid Payment 04.06.2015
Finance Private Executive Officer, Instruments known (Valid upto
Limited Paul Fincap Pvt. as ‘Paul Pay’ 30.06.2020)
(formerly Paul Ltd.,
Fincap Pvt. Ltd.) SCO 829-830,
Sector 22-A,
Chandigarh 160 022
48. PayU Payments The Chief Pre-paid Payment 25.07.2016
Private Limited Executive 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 Pre-paid Payment 03.04.2012
Network Private Executive Officer, Instruments known (Valid upto
Limited Pay Point India as 'Pay Pointz' 30.06.2019)
Network Private
Limited,
108-109, B-Wing,
Everest Grande,
Opp. Ahura Centre,
Mahakali Road,
Andheri (East),
Mumbai 400093
50. Phonepe Private The Chief Pre-paid Payment 25.08.2014
Limited (formerly Executive Officer, Instruments known (Valid upto
named as FX Mart Phonepe Private as ‘PhonePe’ 31.08.2019)
Pvt. Ltd) Limited, A 41,
Mohan Cooperative
Industrial Area, 2nd
Floor, Main
Mathura Road,
South Delhi, New
Delhi – 110 044
India
51. Pine Labs Private The Chief Pre-paid Payment 10.03.2017
Limited Executive Officer, Instruments (Valid upto
Unitech Infospace, 31.03.2022)
2nd and 3rd Floor,
Building – 2, Plot
No. B2, Sector –
62, Noida – 201301
52. Premium eBusiness The Chief Pre-paid Payment 18.12.2014
Ventures Private Executive Officer, Instruments (Valid upto
Limited Premium eBusiness 31.12.2019)
Ventures Private
Limited,
42, Navketan
Industrial Estate,
Mahakali Caves
 Road,
Andheri (East)
Mumbai 400 093
53. QwikCilver The Chief Pre-paid Payment 06.08.2013
Solutions Pvt. Ltd. Executive Officer, Instruments, Co- (Valid upto
QwikCilver branded gift card 30.09.2020)
Solutions Pvt. Ltd., known as ‘Issued by
#104, 1st Main, QwikCilver’
Vijay Jatti Building,
3rd Floor, 5th
Block,
Kormangla
Industrial
Estate,;Bangalore
560095.
54. RapiPay Fintech The Chief Pre-paid Payment 27.02.2017
Private Limited Executive Officer, Instruments (Valid upto
(formerly Virgosoft RapiPay Fintech 31.03.2022)
IT Services Private Pvt. Ltd. B1/D1
Limited) Ground Floor,
Mohan Cooperative
Industrial Estate,
Mathura Road, New
Delhi – 110 044
55. Smart Payment The Chief Pre-paid Payment 30.06.2010
Solutions Pvt. Ltd. Executive Officer, Instruments known (Valid upto
Smart Payment as ‘PayCash’ 31.12.2019)
Solutions Pvt. Ltd.
6/35, WEA Karol
Bagh, New Delhi
110 005.
56. Sodexo SVC India The Chief Paper based 25.08.2009
Pvt. Ltd Executive Officer, vouchers known as
Sodexo SVC India Meal, Catering, Gift
Pvt. Ltd., Gold, Gift Exclusive
Nesco Complex, and Gift Advantage.
Gate No. 3, Electronic based
Indabrator Building, vouchers, gift passes
Western Express known as Meal
Highway Goregaon Card, Premium E
(East); Gift Exclusive E gift
Mumbai 400063. and Say Rewards
57. Spice Digital Ltd The Chief Pre-paid Payment 09.04.2015
Executive Officer, Instruments (Valid up to
Spice Digital Ltd., 30.06.2020)
19A & 19B,
4th Floor, Global
Knowledge Park,
Sector 125, Noida –
201301
58. Transaction Analysts The Chief Pre-paid Payment 07.03.2014
(India) Private Ltd. Executive Officer, Instruments known (Valid upto
Transaction as ‘Transaction 31.03.2022)
 Analysts (India) Assured’
Private Limited,
D No 4, Sathyam
Arcade, 1st Floor,
1st Phase, 100 Feet
Road, BTM Layout
2nd Stage,
Bangalore 560 076
59. Transcorp The Chief Pre-paid Payment 26.08.2016
International Limited Executive Officer, Instruments (Valid upto
Transcorp 30.09.2021)
International
Limited, Plot No 3,
HAF Pocket, Sector
18A, Phase II,
Dwarka, New
Delhi.
60. TranServ Private The Chief Pre-paid Payment 22.02.2016
Limited Executive officer, Instruments known (Valid upto
TranServ Private 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
61. Tri O Tech Solutions The Chief Pre-paid Payment 18.01.2017
Private Ltd. Executive Officer, Instruments (Valid upto
Tri O Tech 31.03.2022)
Solutions Private
Limited, Plot No D-
50, 1st and 2nd
Floor, Udyog Vihar,
Phase V,
Gurgaon - 122016
62. Unimoni Financial The Country Head- Pre-paid Payment 29.10.2009
Services Limited India, Instruments m- (Valid upto
(formerly UAE UAE Exchange & wallet known as 31.10.2020)
Exchange & Financial Services ‘Unimoni’
Financial Services Ltd.,
Ltd.) Third Floor, Airline
Building
Opp. Maharaja
college Ground,
M G Road, Kochi
682 011.
63. Vodafone m-pesa The Chief Pre-paid Payment 07.11.2014
Limited Executive Officer, Instruments known (Valid upto
(formerly Mobile Vodafone m-pesa as ‘Vodafone M- 31.03.2019)
 Commerce Solutions Limited, pesa’
Ltd. was performing Peninsula Corporate
this activity) Park,
Ganpatrao Kadam
Marg,tech
Lower Parel,
Mumbai - 400 013
64. Weizmann Impex The Chief Pre-paid Payment 11.12.2015
Service Enterprise Executive Officer, Instruments (Valid upto
Limited Weizmann Impex 31.12.2020)
Service Enterprise
Ltd. 214,
Empire House
(Basement) Dr D N
Road,
Ent A K Nayak
Marg, Fort,
Mumbai – 400 001
65. Y-Cash Software The Chief Pre-paid Payment 15.03.2012
Solutions Private Executive Officer, Instruments m- (Valid upto
Limited Y-Cash Software wallet known as ‘Y- 30.09.2019)
Solutions Private Pay Cash’
Limited,
VGR Essor, 3rd
Floor, No 1140,
17th Cross, 7th
Sector, H.S.R.
Layout,
Bangalore 560 102
Karnataka
66. ZipCash Card The Director, Pre-paid Payment 29.10.2009
Services Pvt. Ltd. ZipCash Card Instruments known (Valid upto
Services Pvt. Ltd., as 'ZipCash 31.10.2023)
323, Coupons'
Corporate Centre,
Nirmal Lifestyle,
LBS Marg, Mulund
(West) Mumbai 400
080

White Label ATM Operators

67. AGS Transact The Chairman & Installation and 30.06.2014
Technologies Ltd. Managing Director operation of WLAs (Valid upto
601-602, B-wing, 30.06.2019)
Trade World
Kamala City,
Senapati Bapat
Marg
Lower Parel (W)
Mumbai 400 013
68. BTI Payments Pvt. The Chief Installation and 12.02.2014
Ltd. Executive Officer, operation of WLAs (Valid upto
BTI Payments Pvt. 31.03.2020)
 Ltd.
Unit No. 801 to
810, 8th Floor,
Tower “B”,
Diamond District,
#150, Old Airport
Road, Bengaluru -
560008
69. Hitachi Payment The Managing Installation and 25.11.2013
Services Pvt. Ltd. Director, operation of WLAs (Valid upto
Hitachi Payment known as ‘Money 31.12.2019)
Services Pvt. Ltd., Spot’
3rd Floor, Silver
Metropolis,
Jai Coach
Compound,
Western Express
Highway,
Goregaon East,
Mumbai 400 063.
70. Muthoot Finance The Managing Installation and 30.01.2014
Ltd. Director, operation of WLAs (Valid upto
Muthoot Finance 31.03.2020)
Ltd. 2nd Floor,
Muthoot Chambers,
Banerji Road,
Kochi-682018,
Kerala
71. RiddiSiddhi Bullions The Chief Installation and 15.05.2014
Limited Executive Officer, operation of WLAs (Valid upto
RiddiSiddhi 31.05.2019)
Bullions Limited -
Bullion House,
115, TambaKatta,
Opp. Dagina Bazar,
Pydhonie, Mumbai-
400003
72. SREI Infrastructure The Chief Installation and 25.03.2014
Finance Ltd., Executive Officer, operation of WLAs (Valid upto
SREI Infrastructure 31.03.2019)
Finance Ltd.,
Vishwakarma, 86C
Topsia Road
(South) Kolkata-
700046
73. Tata The Chief Installation and 03.05.2013
Communications Executive Officer; operation of WLAs (Valid upto
Payment Solutions Tata 30.06.2020)
Ltd. Communications
Payment Solutions
Limited;
Plot No. C- 21, B
Block,
 Bandra Complex,
Bandra East,
Mumbai- 400098.
74. Vakrangee Limited The Managing Installation and 23.01.2014
Director, Vakrangee operation of WLAs (Valid upto
Limited, 31.03.2020)
Vakrangee House,
Plot No 93,
Road No. 16,
M.I.D.C Marol,
Andheri (East)
Mumbai-400 093
Instant Money Transfer
75. Empays Payment The Chief Instant Money 17.11.2014
Systems India Pvt. Executive Officer Transfer known as (Valid upto
Ltd. Empays Payment ‘IMT’ 16.11.2019)
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)
76. A.TREDS Limited The Managing TReDS system 29.06.2017
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
77. 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
78. Receivables The Managing TReDS system 17.05.2017
Exchange of India Director & Chief known as RXIL (valid upto
Limited (RXIL) Executive Officer 30.06.2022)
Receivables
Exchange of India Note: The entity
Limited (RXIL) was granted
Trade Centre approval to
(Vatika Business commence
Centre), First Floor operations w.e.f
(Unit No.02), 01.12.2016
Office No.14,
 Bandra Kurla
Complex, Bandra
(East), Mumbai -
400051
Bharat Bill Payment System (BBPS)
Bharat Bill Payment Central Unit (BBPCU)
National Payments The Chief Bharat Bill Payment 26.07.2017
Corporation of India Executive Officer, Central Unit (Valid up to
National Payments (BBPCU) through a 30.09.2022)
Corporation of separate Strategic
India, Business Unit to
1001A, B wing, operate Bharat Bill
10th Floor, Payment System
The Capital, Bandra (BBPS)
– Kurla Complex,
Bandra (East),
Mumbai–400 051.
Bharat Bill Payment Operating Units (BBPOUs)
79. Infibeam Avenues The Chief Bharat Bill Payment 17.10.2017
Limited (formerly Executive Officer Operating Unit (Valid up to
Avenues India Infibeam Avenues (BBPOU) under 31.12.2022 )
Private Limited) Limited Bharat Bill Payment
28th Floor, GIFT System (BBPS)
Two Building,
Block No.56, Road-
5C, Zone-5
Gandhinagar –
382355.
80. CSC e – Governance The Chief Bharat Bill Payment 21.09.2017
Services India Ltd Executive Officer Operating Unit (Valid up to
CSC e – (BBPOU) under 30.09.2022)
Governance Bharat Bill Payment
Services India Ltd System (BBPS)
Electronics Niketan,
4th Floor,
Ministry of
Electronics &
Information
Technology
6 CGO Complex,
Lodhi Road
New Delhi -
110003
Euronet Services The Chief Bharat Bill Payment 05.09.2017
India Private Limited Executive Officer Operating Unit (Valid up to
Euronet Services (BBPOU) under 30.09.2022)
India Private Bharat Bill Payment
Limited System (BBPS)
I-Think Techno
Campus, Office No
1
8th Floor, Wing A,
Off Pokhran Road
 No. 2
Behind TCS,
Eastern Express
Highway
Thane (W) -
400607
81. IndiaIdeas.com The Chief Bharat Bill Payment 02.08.2017
Limited Executive Officer Operating Unit (Valid up to
IndiaIdeas.com (BBPOU) under 30.09.2022)
Limited Bharat Bill Payment
801, Supreme System (BBPS)
Chambers
17/18 Shah
Industrial Estate
Off Veera Desai
Road
Andheri (W),
Mumbai 400 053

Ebix Payment The Chief Bharat Bill Payment 28.08.2017

Services Private Executive Officer, Operating Unit (Valid up to
Limited Ebix Payment (BBPOU) under 30.09.2022)
(formerly Itz Cash Services Private Bharat Bill Payment
Card Limited) Limited System (BBPS)
2nd Floor, Manek
Plaza, Kalina CST
Road, Kolekalyan,
Santacruz (East),
Mumbai – 400 098
Oxigen Services The Chief Bharat Bill Payment 12.10.2017
(India) Pvt Ltd Executive Officer, Operating Unit (Valid up to
Oxigen Services (BBPOU) under 31.12.2022)
(India) Pvt Ltd. Bharat Bill Payment
Building No 94, System (BBPS)
Sector 32,
Institutional Area,
Gurugram, Haryana
- 122001
Spice Digital The Chief Bharat Bill Payment 22.08.2017
Limited Executive Officer Operating Unit (Valid up to
Spice Digital (BBPOU) under 30.09.2022)
Limited Bharat Bill Payment
S Global System (BBPS)
Knowledge Park,
19A & 19B, 4th
Floor
Sector 125,
Noida-201301
82. Ingenico ePayments The Chief Bharat Bill Payment 16.08.2017
India Private Executive Officer, Operating Unit (Valid up to
Limited TechProcess (BBPOU) under 30.09.2022)
(formerly
 TechProcess Payment Services Bharat Bill Payment
Payment Services Limited, 501, System (BBPS)
Limited) Jollyboard Towers,
iThink Techno
Campus,
Kanjurmarg (East)
Mumbai 400042
One Mobikwik The Chief Bharat Bill Payment 24.01.2019
Systems Private Executive Officer, Operating Unit (Valid up to
Limited One Mobikwik (BBPOU) under 31.03.2024)
Systems Private Bharat Bill Payment
Limited, 6th Floor, System (BBPS)
Good Earth
Business Bay,
Sector 58,
Gurugram 122011,
Haryana

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, Kaizen Issuance of pre-paid Revocation
Automation Automation Private cards known as 'Go- order issued
Private Limited Limited, Mumbai' on 05.04.2011
B-601-602, Citi Point, (25.08.2009)
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, 2011
Transfer (Ireland) Officer, Service – cross border
Limited, Ireland Coinstar Money in-bound service
Transfer (Ireland) (customer to
Limited, Suite 404, customer)
22/23, Pembroke
Street Dublin 2,
Republic of Ireland.
2. Done Card Utility The Director, Done Pre-paid payment November 01,
Limited Card Utility Limited, instruments known as 2013
 301, Linkway Estate, 'Done Cards'
Near Chincholi Fire
Station, New Link
Road, Malad (West),
Mumbai - 400064.
3. OSS Payment The Chief Executive Pre-paid payment January 01,
Solutions Pvt. Ltd. Officer, instruments 2014
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 Entity Address of the Payment Cancelled Remarks

No. Principal Office System on
operated
1. Federal Bank Ltd. Managing Director ATM sharing January Nil
& CEO, Federal with co- 02, 2017
Bank Ltd. operative
Corporate Office banks licensed
Federal Towers by Reserve
Post Box No. 103 Bank under
Aluva – 68310, the BR Act,
Kerala 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, Navi National
Mumbai-400 614 Common
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 or
Private Limited nee Managing Director, payment 2017 merchants
Suvidha Starnet Beam Money instruments having a
Pvt. Ltd. Private Limited, known as valid claim,
D-128-129, 402 ‘Beam if any, on
Terrace Floor, Money’ M/s Beam
Okhla Industrial Money
Area, Phase-I, New Private
Delhi -110 020. 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
03.05.2019
5. Atom Technologies The Chief Pre-paid July 4, Customers or
Limited Executive Officer; payment 2017 merchants
Atom Technologies instruments having a
Limited, 4th Floor known as valid claim,
FT Towers, ‘Atom Wallet’ if any, on
CTS 256 & 257, and M/s Atom
Suren Road, ‘Aquapay’ Technologies
Chakala, Andheri Limited, as a
(E), Mumbai - PSO, can
400093. 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.com The Chief MTSS - cross July 31, Nil
Inc., USA Executive Officer, border in- 2017
Buyindiaonline.com bound service
Inc.,425, (customer to
Market Street, 12th customer)
floor, San
Francisco, CA,
94105, USA.
7. PayMate India Pvt. The Managing Pre-paid August Nil
Limited Director and CEO payment 23, 2017
PayMate India Pvt. instruments
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 Vithal The Chief SVC Cache April 10, Nil
Co-operative Bank Executive Officer; 24 Insta ATM 2018
Ltd. The Shamrao Vithal Sharing
Co-operative Bank Arrangement
Ltd.;
SVC Tower,
Jawaharlal Nehru
Road Vakola–
Santacruz (East),
Mumbai – 400 055.
12. Tech Mahindra The Chief Pre-paid August Customers or
Limited Executive Officer, Payment 28, 2018 merchants
(Earlier CanvasM Tech Mahindra Instruments having a
 Technologies Ltd. Limited, A- 20, (m-wallet) valid claim,
was performing this Sector 60, Noida known as if any, on
activity) 201 301 ‘MoboMoney’ 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 Wallet The Chief Pre-paid November Customers or
Payment Systems Executive Officer, Payment 14, 2018 merchants
Limited MMP Mobi Wallet Instruments having a
Payment Systems known as valid claim,
Ltd.; ‘mRupee’ if any, on
A, E & F Blocks M/s MMP
Voltas Premises, Mobi Wallet
T B Kadam Marg, Payment
Chinchpokli, Systems
Mumbai 400 033 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 System Cancelled Remarks

No. Entity Principal Office operated on
1. Airtel M The Chief Pre-paid payment 8.3.2017 The entity
Commerce Executive instruments has
Services Ltd. Officer; known as Stored converted
Airtel M Value Card to Airtel
 Commerce Wallet (SCW) Payments
Services Ltd. ‘Airtel Money’ Bank
Airtel Center, Plot Limited
No. 16, 6th Floor, (APBL)
Udyog Vihar, which has
Phase -4, been
Gurgaon Haryana permitted
– 122001. to
continue
the PPI
business.
2. One97 The Chief Mobile based Pre- 25.07.2017 The entity
Communications Executive Officer, paid Payment has
Ltd. One97 Instruments m- transferred
Communications Wallet known as its PPI
Ltd., ‘Paytm wallet’ business
B- 121, Sector 5, (Paytm
Noida, 201 301 wallet) to
Uttar Pradesh Paytm
Payments
Bank
Limited
(PPBL) as
permitted
by RBI.
3. Fino Paytech Ltd. The Chief Pre-paid Payment 06.10.2017 The entity
(Earlier Alpha Executive Officer, Instruments has
Payment Services FINO Paytech transferred
India Pvt. Ltd., Shree Sawan its PPI
Ltd.(erstwhile Knowledge Park, business
Nokia Mobile 2nd Floor, D 507 to the
Payment Services TTC Indl. Area FINO
India Pvt. Ltd.) MIDC Turbhe, Payments
was performing Navi Mumbai Bank Ltd
this activity) as
permitted
by RBI.
4. Idea Mobile The Chief Pre-paid Payment 13.05.2018 The entity
Commerce Executive officer, Instruments has
Services Ltd. Idea Mobile known as ‘Idea transferred
Commerce Money’ its PPI
Services Ltd., business
5th Floor, to the
“Windsor”, Off Aditya
C.S.T. Road, Birla Idea
Kalina, Santacruz Payments
(East), Mumbai Bank Ltd
400 098 as
permitted
by RBI.
5. Reliance Payment The Chief Pre-paid Payment 31.05.2018 The entity
Solution Limited Executive Officer, Instruments has
Reliance Payment known as ‘Jio transferred
 Solution Limited, Money’ its PPI
5th Floor, Court business
House, Lokmanya to the Jio
Tilak Marg, Payments
Dhobi Talao, Bank Ltd
Mumbai 400 002 as
permitted
by RBI.

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 Office Payment System Remarks
No. Entity operated
1. Pyro The Chief Executive Officer, Pre-paid Payment 30.01.2014
Networks Pyro Telecommunications Ltd., 8- Instruments m- (Valid upto
Pvt. Ltd. 2-293/82, wallet known as 31.03.2019)
Plot No. 264/A-31, Road # 92, ‘SpeedPay’
Jubilee Hills, Hyderabad-500033,
Andhra Pradesh
2. Supreme The Chief Executive Officer, Pre-paid Payment 20.09.2016
Securities Supreme Securities Limited, 3rd Instruments (Valid up to
Limited Floor, R.D.Chambers, 16/11, Arya 30.09.2021)
Samaj Road, Karol Bagh, New
Delhi