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paytm-regulator-extension-march-2023-in60.jpg Mar 26

India's Paytm Wins Regulator Extension For Payment Aggregator Licence Application

  • Indian financial technology company Paytm Payments Services Ltd has received an extension from the country's banking regulator to apply for a payment aggregator licence and aims to reapply in about 15 days, the company said on Sunday.
  • Paytm Payments Services, in the meantime, can continue with the online payment aggregation business for its existing partners, without taking on any new merchants, the company said in a notification to stock exchanges on Sunday.