Paytm subsidiary gets RBI payment aggregator authorization
Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited, received a Certificate of Authorization (COA) from the Reserve Bank of India (RBI) on November 26, 2025. This authorization permits PPSL to operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007. The company had previously disclosed this matter on August 12, 2025.
The authorization is specifically for Payment Aggregation business. PPSL must adhere to the provisions of the Payment and Settlement Systems Act, 2007, and all regulations, directions, and guidelines issued by the RBI. The Certificate of Authorisation or a certified copy thereof will be displayed at PPSL's main premises and other offices in India.
A sum of ₹10,000, plus applicable GST, was deposited with the Reserve Bank of India as an authorization fee. The company expects the growth in this business to be reflected in its Consolidated Financials.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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