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Reserve Bank of India Cancels Vodafone’s Certificate of Authorization for M- Pesa - (22 Jan 2020)

BANKING

Reserve Bank of India has said that it has cancelled the Certificate of Authorization of Vodafone M- Pesa on account of voluntary surrender of authorization. The Bank further clarified that the Company cannot transact the business of issuance and operation of prepaid payment instruments post the cancellation.

Tags : RESERVE BANK OF INDIA   VODAFONE  

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