cancellation of payment system licences

RBI has vide its press release dated 13th November, 2020 cancelled the licences of five payment system operators. While three of them were cancelled because of surrender/ non renewal, two of them were cancelled due to non compliance with regulatory requirements. It would have been good if they had specified what exactly were the compliances which were not carried out by these two operators.

https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=50662

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