India, Dec. 17 -- Shortly after receiving online payment aggregator (PA) licence last month, fintech major Paytm's payments subsidiary Paytm Payments Services Ltd (PPSL) has now bagged another three crucial PA licences from the Reserve Bank of India (RBI).

In a filing with the exchanges, the fintech major said that it has received RBI's nod to operate as a payment aggregator for offline payments as well as cross-border transactions (both inward and outward).

"With receipt of this authorisation, 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, delivering seamless payment experiences for merchants, and support...