Paytm Payments Services Ltd (PPSL) received RBI authorisation on Dec 17, enabling it to operate as a payment aggregator for offline and cross-border transactions, adding to existing online rights.
End-to-End Payment Capabilities
With this licence, PPSL can now offer comprehensive payment aggregation across online, offline, and cross-border segments, broadening merchant services in India and overseas.
Strategic Boost for Paytm
This regulatory milestone strengthens Paytm’s payments infrastructure and supports long-term growth in digital transaction acceptance.
Paytm’s expanded licence may enhance its competitive edge among fintech players and attract merchant adoption, potentially influencing future revenue streams.