Paytm receives RBI green signal to be payment aggregator for offline, cross-border transactions
The company stated that the RBI approval enables it to offer end-to-end payment aggregation services to merchants across multiple transaction formats.
The company stated that the RBI approval enables it to offer end-to-end payment aggregation services to merchants across multiple transaction formats.
In a refreshing sight that caught the attention of many on X (formerly Twitter), Paytm Founder and CEO Vijay Shekhar Sharma was spotted travelling in the Mumbai Metro on his way to the Global Fintech Festival (GFF) 2025.
Digital payments and financial services major Paytm on Saturday said it will seek resolution of alleged FEMA contraventions related to two acquired subsidiaries — Little Internet Private Limited (LIPL) and Nearbuy India Private Limited (NIPL).
The Securities and Exchange Board of India (SEBI) on Thursday passed a settlement order against Paytm Money after the company paid Rs 45.5 lakh to resolve allegations of regulatory violations.
The company said that with this festive offer, users can enjoy a 12% exclusive discount on bus and flight bookings, along with reduced cancellation charges for train tickets, ensuring a seamless and budget-friendly travel experience.
Interacting with reporters, Governor Shaktikanta Das said the RBI takes action against regulated entities only after a comprehensive assessment.
Meanwhile, the Paytm Payments Bank has also floated a request for proposal (RFP) from external auditors.
The meetings will be held ahead of the release of the frequently asked questions (FAQs) by the RBI.
Amid reports of Jio Financial Services buying the Paytm wallet business, the parent company, One97 Communications Ltd, has denied any such reports.
Days after the Paytm crisis intensified, a group of start-up founders has written to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Reserve Bank of India
