Electronic Payments International on MSN
India’s Paytm receives RBI online payment aggregator licence
The RBI issued the certificate of authorisation, following an in-principle approval that was given in August this year.
NEW DELHI, July 9 (Reuters) - India's beleaguered Paytm (PAYT.NS), opens new tab has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees ($6 ...
Fintech firm One97 Communications said its subsidiary, Paytm Payments Services Limited, has received the RBI permit after a long wait to operate as a payment aggregator.
Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from ...
NEW DELHI, April 16 (Reuters) - India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in its Paytm Payment Services arm in part due to concerns about a Chinese shareholding ...
Paytm invests Rs 2,250 crore in Paytm Payments Services. RBI approves payment aggregator license after long wait.
Sharma also reiterated Paytm's commitment to focus on its core payment business and cross-selling financial services as it seeks to achieve profitability Paytm’s payment business revenue stood at INR ...
Shares of Paytm jumped 10% to INR 508.85 apiece during today’s intraday trade on the BSE The stock rallied after the fintech major reportedly secured approval from the government to invest INR 50 Cr ...
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