India, Nov. 27 -- Fintech major Paytm's subsidiary, Paytm Payments Services Limited (PPSL), has secured final authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA).
In a filing with the exchanges, the fintech giant said that the central bank granted the certification of authorisation (CoA) to its subsidiary yesterday.
". We would like to inform to you that Reserve Bank of India. on November 26, 2025 has granted CoA to Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited., to operate as a payment aggregator.," read the filing.
This comes three months after PPSL received an in-principle authorisation from the RBI to operate as a PA in August this year.
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