Public Notice for Closure of Prepaid Payment Systems / Wallet Holders
Dear Valued MRUPEE Wallet Customer,
We wish to inform you that, we are voluntarily surrendering our Certificate of Authorization, issued to MMP Mobi Wallet Payment Systems Limited, by Reserve Bank of India for issuance and operations of PPI service.
This notice has been issued pursuant to the procedure to be followed under RBI circular (RBI/2015-16/396) dated 12th May, 2016 for public notice. We have initiated process of closing our PPI business and have requested Reserve Bank of India for the same.
Henceforth with immediate effect, we shall not be allowing any customer transaction & issuance of any new prepaid wallet.
MMP Mobi Wallet Payment Systems Limited