RBI Clears Paytm Arm PPSL as Payment Aggregator for Offline, Cross-Border Transactions

RBI clears Paytm arm PPSL as payment aggregator for offline, cross-border transactions

New Delhi: Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL) has received authorisation from the Reserve Bank of India to operate as a Payment Aggregator for physical (offline) payments and cross-border transactions. The approval is in addition to the authorisation for Online Payment Aggregation already granted by the central bank to PPSL last month. “Reserve Bank of India (RBI) on December …

Paytm Rises as Subsidiary Gets RBI Nod to Operate as Payment Aggregator for Offline and Cross-Border Transactions

Mumbai, 18 December (Udaipur Kiran) — Shares of One97 Communications (Paytm) moved higher on Wednesday after its wholly owned subsidiary Paytm Payments Services Ltd (PPSL) received authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator for offline (physical) and cross-border transactions. The stock was trading at Rs. 1284.20, up 1.26% from the previous close of Rs. 1268.25. It opened at Rs. 1277.00 and touched an i…

RBI clears Paytm arm PPSL: What it means for offline and cross-border payments

Paytm gets RBI approval for offline & cross-border payments via PPSL. Expand your business with new payment solutions. Click to discover more!

RBI nod for Paytm arm PPSL as payment aggregator for offline, cross-border transactions

New Delhi: Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL), has received authorisation from the Reserve Bank of India to operate as a Payment Aggregator for physical (offline) payments and cross-border transactions. The approval is in addition to the authorisation for Online Payment Aggregation already granted by the central bank to PPSL last month. “Reserve Bank of India (RBI) on December…

Paytm gets RBI nod for offline, cross-border payment aggregation

Paytm Payment Services Limited (PPSL) has obtained Reserve Bank of India's authorization to function as a payment aggregator for offline and cross border transactions.

Paytm shares in focus as RBI clears offline payment aggregator licence; key details - BusinessToday

PPSL now holds Payment Aggregator licences across all key segments, enabling it to offer end-to-end payment aggregation services across online, offline and cross-border use cases.