Mumbai, Dec. 18 -- Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of fintech company One97 Communications Limited, stated in a regulatory filing on Thursday that it has received Reserve Bank of India (RBI) approval to operate as a payment aggregator for physical (offline) payments as well as cross-border transactions, including both inward and outward flows.
The company stated that the RBI approval enables it to offer end-to-end payment aggregation services to merchants across multiple transaction formats.
The RBI authorisation, granted on December 17, 2025, comes in addition to the online payment aggregator licence which PPSL already received from the RBI on November 26, 2025, under the Payment and Settlement Systems A...