Paytm Secures Full RBI Payment Aggregator Licence: Opens New Growth Avenue

The Reserve Bank of India’s latest authorisation allows Paytm Payments Services Limited to onboard merchants for both physical and cross-border payments, complementing its earlier online Payment Aggregator licence. This means PPSL can now legally offer a complete suite of payment aggregation solutions, supporting the Company’s long-term growth strategy in domestic and international markets. The approval comes after a period of regulatory scrutiny and demonstrates RBI’s confidence in Paytm’s compliance framework.

 

Key Highlights

Source: One 97 Communications Limited – Official Corporate Announcement